Why is Goyal Associates falling/rising?

As of 17-Sep, Goyal Associates Ltd is currently priced at 1.08, showing no change (0.00%) in its stock price. The stock has experienced a significant decline over the past month, with a return of -9.24%, and a staggering -41.62% over the past year. Today's performance is inline with the sector, but the stock is trading lower than its 20-day, 50-day, 100-day, and 200-day moving averages, despite being higher than the 5-day moving average. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 88.89% compared to the 5-day average. The stock's return on equity (ROE) of 10.2 indicates a very attractive valuation, yet the company has seen its profits decline by 21% over the past year, contributing to its overall negative performance.
In the broader market context, Goyal Associates has underperformed against the benchmark, with the Sensex gaining 1.56% over the past week while the stock remained flat. Over the last three years, the stock has consistently lagged behind the BSE500, reflecting weak long-term fundamental strength and poor growth, as evidenced by a net sales decline of -9.71% annually. The stock's performance has been further hindered by flat results in recent quarters, with the lowest recorded earnings per share (EPS) and profit before tax (PBT). Overall, the combination of declining profits, weak investor interest, and consistent underperformance against the benchmark suggests a challenging environment for Goyal Associates Ltd.