Why is Gourmet Gateway falling/rising?

As of 04-Jul, Gourmet Gateway India Ltd is experiencing a decline in its stock price, currently at 17.92, reflecting a decrease of 0.16 or 0.88%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 4.17%. Additionally, the stock's performance over the past month shows a decrease of 0.55%, while it has significantly underperformed the benchmark Sensex, which has gained 3.01% over the same period. The company is facing weak long-term fundamentals, evidenced by an average Return on Equity (ROE) of 4.35% and a concerning annual operating profit growth rate of -19.77%. Furthermore, the stock is trading at a premium compared to its peers, with a Price to Book Value of 3.9, indicating a very expensive valuation.
In the broader market context, the stock has underperformed significantly over the past year, with a staggering decline of 61.19% compared to the Sensex's modest gain of 4.23%. This stark contrast highlights the stock's struggles relative to the overall market performance. The recent drop in investor participation, with delivery volume falling by 48.21% against the five-day average, further indicates a lack of confidence among investors. Overall, the combination of weak financial performance, high valuation, and declining investor interest contributes to the stock's downward trajectory in the market.