Why is Goodricke Group falling/rising?

As of 04-Aug, Goodricke Group Ltd's stock price is currently at 233.55, reflecting a decrease of 2.0, or 0.85%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.39%. Despite trading above its moving averages for various periods, the stock's delivery volume has decreased significantly, indicating a drop in investor participation. Over the past year, while the stock has shown a positive return of 23.54%, recent financial performance has raised concerns, with net sales and profits falling drastically compared to previous quarters. The company's weak long-term fundamentals, highlighted by operating losses and low profitability, contribute to a negative outlook, further impacting investor sentiment.
In the broader market context, Goodricke Group's recent performance contrasts with the benchmark Sensex, which has seen a slight increase of 0.16% over the past week. Although the stock has outperformed the market in the short term with a 1.70% gain over the past week, its year-to-date performance shows a significant decline of 19.41%, while the Sensex has gained 3.69% in the same period. This disparity, combined with the company's weak financial metrics and low domestic mutual fund interest, suggests a cautious approach from investors, contributing to the stock's current downward movement.