Why is Goyal Associates falling/rising?

As of 12-Sep, Goyal Associates Ltd is currently priced at Rs 1.06, reflecting a decrease of Rs 0.01 or 0.93%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.85%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock's performance over various periods shows significant underperformance, with a year-to-date decline of 31.61% and a one-year drop of 40.11%. Furthermore, investor participation has decreased, with delivery volume dropping by 51.16% compared to the five-day average, suggesting a lack of interest from investors.
In the broader market context, Goyal Associates' performance contrasts sharply with the Sensex, which has gained 1.48% over the past week and 2.08% over the past month. This stark difference highlights the stock's struggles relative to the benchmark, as it has significantly lagged behind the market's positive movements. The stock's liquidity remains adequate for trading, but the overall negative sentiment and declining returns indicate that investors are wary, contributing to the stock's downward trajectory.