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

As of 17-Jul, Golechha Global Finance Ltd is currently priced at 22.75, with no change in price (0.00%). The stock has shown a performance today that outperformed its sector by 0.33%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has increased by 1.11%, but it has significantly underperformed over the last month with a decline of 20.12%. The company has also experienced a notable drop in profitability, with operating profits decreasing at an annual rate of -174.53%. Despite a slight increase in promoter confidence, as they have raised their stake by 0.89%, the overall sentiment remains cautious due to the company's operating losses and negative EBITDA.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 0.83% over the past month while Golechha Global Finance Ltd has lost 20.12%. This underperformance is further highlighted by its year-to-date return of -32.35%, compared to the Sensex's gain of 5.27%. The stock's negative returns of -18.84% over the past year, against a market return of 0.26%, indicate a significant divergence from broader market trends, suggesting that investor sentiment towards Golechha Global Finance Ltd remains weak despite some positive indicators from promoter activity.