Why is Goodricke Group falling/rising?

As of 08-Jul, Goodricke Group Ltd's stock price is currently at 227.40, reflecting a decrease of 3.8 points or 1.64%. The stock has underperformed its sector by 1.5% today, with an intraday high of Rs 235.85 and a low of Rs 226.3. Despite a positive return of 14.88% over the past year, the company is facing significant challenges, including a 43.2% decline in net sales and a staggering 772.7% drop in profit after tax compared to the previous four-quarter average. Additionally, the company's weak long-term fundamentals, highlighted by negative operating profits and a poor EBIT to interest ratio, contribute to the stock's downward movement.
In the broader market context, Goodricke Group's recent performance contrasts with the Sensex, which has shown a minimal increase of 0.02% over the past week. While the stock has generated a return of 3.25% over the last week, it remains significantly behind the benchmark's performance over the year-to-date, where the Sensex has gained 7.13%. The falling investor participation, with a 74.92% drop in delivery volume compared to the five-day average, further indicates a lack of confidence among investors, which may be influencing the stock's current decline.