Why is Gravity (India) falling/rising?

As of 27-Jun, Gravity (India) Ltd's stock price is currently at 6.00, reflecting an increase of 0.16 or 2.74%. The stock has outperformed its sector today by 2.01%, although it is experiencing a decline in investor participation, with delivery volume falling by 8.34% compared to the 5-day average. Over the past year, the stock has generated a notable return of 30.15%, significantly higher than the market's (BSE 500) return of 4.10%. However, the company faces challenges, including operating losses and a weak long-term fundamental strength, with net sales declining at an annual rate of -40.99% and a concerning EBIT to interest ratio of -2.53. Additionally, a reduction in promoter confidence, indicated by a 0.84% decrease in their stake, may negatively impact investor sentiment.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, with a 1-week decline of 8.54% against the Sensex's increase of 2.00%. This disparity highlights the stock's struggles in the short term, despite its strong long-term performance over the past year and three years. The liquidity of the stock remains adequate for trading, but the overall negative factors, including poor long-term growth prospects and reduced promoter confidence, suggest that the stock may face continued pressure in the market.