Why is Gopal Iron Stl. falling/rising?

As of 01-Aug, Gopal Iron & Steels Co. (Gujarat) Ltd is experiencing a decline in its stock price, currently at 7.58, which reflects a decrease of 0.39 or 4.89%. The stock has underperformed its sector today by 2.63%, and while it is trading higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. Over the past week, the stock has seen a return of -5.25%, contrasting with a positive return of 8.60% over the past month. However, the company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a low ability to service debt and a negative EBITDA. These factors contribute to the stock's recent downward movement.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex declining only 1.06% over the same week. The steel sector, in which Gopal Iron operates, has also faced a downturn, falling by 2.29%. Despite a rise in investor participation, as evidenced by a significant increase in delivery volume, the overall sentiment remains negative due to the company's poor long-term growth prospects and underperformance relative to broader indices. This combination of sector weakness and company-specific issues has led to the stock's current decline.