Why is Graviss Hospital falling/rising?

As of 23-Sep, Graviss Hospitality Ltd's stock price is currently at Rs. 40.17, reflecting a decrease of Rs. 0.13 or 0.32%. The stock has recently hit a new 52-week low of Rs. 39 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has underperformed with a return of -1.21%, while the Sensex has only declined by 0.34%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 59.69% compared to the 5-day average. The company is facing challenges, including operating losses and a weak ability to service its debt, which has contributed to its poor long-term growth prospects.
In the broader market context, Graviss Hospitality Ltd has underperformed significantly over the past year, with a return of -27.56% compared to the Sensex's decline of only 3.33%. This stark contrast highlights the stock's struggles relative to the market. Despite the overall market generating negative returns, Graviss's performance has been considerably worse, indicating investor concerns about its financial health. The company's negative operating profits and low inventory turnover ratio further exacerbate its risk profile, making it a strong sell in the current environment.