Why is Gopal Iron Stl. falling/rising?

As of 15-Jul, Gopal Iron & Steels Co.(Gujarat) Ltd is currently priced at 8.13, showing no change (0.00%). The stock has performed positively in the short term, with a 14.67% increase over the past week and a 14.67% rise over the past month, significantly outperforming the Sensex, which has declined by 1.36% in the same week. Additionally, the stock is trading above its moving averages across various time frames, indicating a bullish trend. However, the company faces challenges such as operating losses and a weak long-term fundamental strength, with a low annual growth rate of operating profit and a high Debt to EBITDA ratio, which may contribute to investor caution despite the recent price stability.
In the broader market context, Gopal Iron's recent performance contrasts sharply with the Sensex, which has shown a modest increase of 1.79% over the past month. While the stock has generated a return of 3.70% over the past year, its profits have declined by 8%, indicating underlying financial difficulties. The rising investor participation, as evidenced by a significant increase in delivery volume, suggests some level of confidence among traders, but the overall risk associated with the company's financial health may temper enthusiasm.