Why is Golden Tobacco falling/rising?

As of 22-Sep, Golden Tobacco Ltd is experiencing a decline in its stock price, currently at 35.10, which reflects a decrease of 0.7 or 1.96%. The stock has underperformed its sector today by 0.95%, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week and month, the stock has seen a decline of 3.04%, while its year-to-date performance shows a significant drop of 10.46%. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the stock has a high debt-to-equity ratio and has reported negative financial results, including a substantial drop in net sales and profits in the last quarter.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 0.46% over the past week and 1.05% over the past month. This consistent underperformance against the benchmark, particularly over the last three years, highlights the stock's struggles. The lack of investor participation, evidenced by a 96.08% drop in delivery volume compared to the 5-day average, further indicates a lack of confidence among investors. Overall, the combination of weak financial results, high debt levels, and poor performance relative to the market contributes to the stock's downward trajectory.