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

As of 25-Jul, Golechha Global Finance Ltd's stock price is currently at Rs 20.10, reflecting a decrease of Rs 0.15 or 0.74%. The stock has been experiencing a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 16.08% during this period. Additionally, the stock is trading below all its moving averages, indicating weak momentum. Over the past year, Golechha Global Finance has underperformed significantly, with a return of -33.99%, while the broader market, represented by the BSE500, has only seen a slight decline of -0.19%. The company's operating losses and negative EBITDA further contribute to its weak long-term fundamental strength, as evidenced by a drastic fall in profit metrics.
In the broader market context, the finance/NBFC sector has also faced challenges, with a decline of 2.12%. Despite this, Golechha Global Finance's stock has outperformed its sector by 1.38% today, suggesting some isolated strength. However, the significant drop in the stock's price over the past year, coupled with poor financial results, indicates a lack of investor confidence. The rising delivery volume, which increased by over 16,000% against the 5-day average, may suggest heightened interest, but the overall negative sentiment surrounding the company's fundamentals continues to drive the stock lower.