Why is Graviss Hospital falling/rising?

As of 22-Sep, Graviss Hospitality Ltd is experiencing a price increase, with the current price at Rs 40.30, reflecting a rise of Rs 0.92 or 2.34%. Despite this uptick, the stock has shown a negative trend over the past week and month, with declines of 5.49% and 10.24%, respectively. It is also trading lower than its moving averages across various time frames, indicating a potential weakness in momentum. The stock is close to its 52-week low, just 3.23% away, and has reported a significant increase in delivery volume, suggesting rising investor participation. However, the company faces challenges, including operating losses and a weak ability to service its debt, which contribute to its classification as a strong sell.
In the broader market context, Graviss Hospitality's performance has underperformed compared to the Sensex, which has gained 0.46% over the past week while the stock has declined. Over the past year, the stock has fallen by 21.07%, significantly more than the BSE500's decline of 3.80%. This underperformance is compounded by negative financial results, including a substantial drop in profit after tax and a low inventory turnover ratio. The company's weak long-term fundamental strength, characterized by poor growth in operating profit and a negative EBIT to interest ratio, further exacerbates the risks associated with investing in this stock.