Why is Gourmet Gateway falling/rising?

As of 14-Jul, Gourmet Gateway India Ltd is experiencing a decline in its stock price, currently at 16.82, reflecting a decrease of 0.08 or 0.47%. The stock has underperformed its sector today by 0.55% and has been on a downward trend, losing 4.97% over the last two days. In terms of longer-term performance, the stock has seen a significant drop of 60.31% over the past year, while also underperforming the BSE500 index in various time frames. The company faces weak long-term fundamentals, evidenced by a low Return on Equity (ROE) of 4.35% and a concerning operating profit decline of 19.77% annually. Additionally, the stock is trading at a premium compared to its peers, which further complicates its valuation amidst poor financial results.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has declined by 1.81% over the past week while the Sensex has only fallen by 1.42%. This underperformance is indicative of the stock's struggles, particularly given its significant losses in the last year and the negative financial indicators reported, such as the lowest operating profit to net sales ratio and a substantial drop in profits. Despite a rise in investor participation, as shown by a 77.57% increase in delivery volume, the overall sentiment remains bearish due to the company's weak financial outlook and poor growth prospects.