Why is GP Petroleums falling/rising?

As of 23-Sep, GP Petroleums Ltd is currently priced at 41.30, reflecting an increase of 0.23 or 0.56%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Despite today's performance, the stock has underperformed significantly over the past year, with a return of -51.30%. Factors contributing to this decline include a low Debt to EBITDA ratio of 1.39, which suggests a strong ability to service debt, but also a concerning reduction in promoter confidence, as they have decreased their stake by 1.14% in the last quarter. Additionally, while the stock is trading at a fair value compared to peers, its profits have fallen by 9.2%, reflecting poor long-term growth prospects.
In the broader market context, GP Petroleums has underperformed the Sensex, with a 1-week return of -2.78% compared to the benchmark's -0.34%. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 29.62% against the 5-day average. The company's flat results in June and a low debtors turnover ratio further highlight its struggles. Overall, while there may be short-term gains, the long-term outlook remains bleak, as evidenced by the stock's substantial declines over various periods compared to the broader market.