Why is Gorani Industrie falling/rising?

As of 24-Jun, Gorani Industries Ltd is experiencing a decline in its stock price, currently at Rs 73.60, which reflects a decrease of Rs 5.4 or 6.84%. The stock has been underperforming significantly, with a consecutive fall over the last three days resulting in a total drop of 7.87%. It is currently trading close to its 52-week low, just 2.17% above that threshold. The stock has also shown poor performance relative to its sector, underperforming by 6.53% today. Additionally, Gorani Industries has seen a substantial decline in investor participation, with delivery volume plummeting by 77.84% compared to the five-day average. The company's returns over various periods highlight a troubling trend, with a year-to-date decline of 25.69% and a staggering 62.42% drop over the last three years, indicating consistent underperformance against the benchmark.
In the broader market context, while the Sensex has shown slight positive movement, Gorani Industries has lagged significantly, with a one-week return of -8.46% compared to the Sensex's +0.58%. This stark contrast underscores the stock's struggles, particularly as it has consistently underperformed against the benchmark over the past three years. Despite having an attractive valuation based on its return on capital employed, the company's weak long-term fundamentals, including a poor EBIT to interest ratio and declining profits, contribute to its negative trajectory. The flat results reported in March and the lowest cash and sales figures further exacerbate investor concerns, leading to the stock's current downward trend.