Why is Golech.Glob.Fin. falling/rising?

As of 15-Jul, Golechha Global Finance Ltd is experiencing a decline in its stock price, currently at Rs 21.50, which represents a decrease of 1.75 or 7.53%. The stock has underperformed its sector by 8.34% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 21.50, and trading volume has significantly decreased, with delivery volume dropping by 95.86% compared to the 5-day average. Over the past week, the stock has declined by 6.52%, and its year-to-date performance shows a substantial drop of 36.07%. While there is a positive sign of rising promoter confidence, with a 0.89% increase in their stake, the company is facing significant challenges, including operating losses and a negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, Golechha Global Finance Ltd's recent performance contrasts sharply with the benchmark, as the Sensex has gained 1.79% over the past month while the stock has plummeted by 24.56%. This underperformance is evident over the past year as well, where the stock has generated negative returns of 27.12% compared to the market's modest gain of 2.36%. The company's poor financial results, including a significant drop in profit after tax and the lowest recorded operating profit, further exacerbate its struggles in a market that is otherwise showing resilience.