Why is Gratex Industrie falling/rising?

As of 24-Jun, Gratex Industries Ltd is experiencing a decline in its stock price, currently at Rs 19.91, reflecting a decrease of Rs 1.04 or 4.96%. The stock has underperformed its sector by 4.65% today, reaching an intraday low of Rs 19.91. Over the past week, the stock has dropped by 3.58%, while it has shown a modest gain of 4.30% over the past month. However, the long-term performance remains concerning, with a year-to-date decline of 24.07% and a one-year return of -4.69%. The company is facing weak long-term fundamental strength, evidenced by a -2.52% CAGR growth in operating profits over the last five years, and a low return on equity of 2.85%, indicating low profitability per unit of shareholders' funds.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.58% over the past week and 5.01% year-to-date. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 41.18% against the five-day average. The company's ability to service its debt is weak, as indicated by a poor EBIT to interest ratio of 0.13, further contributing to its negative outlook. Overall, Gratex Industries Ltd's stock price is declining due to a combination of weak fundamentals, poor recent performance, and a lack of investor confidence, all of which are reflected in its current trading activity.