Why is GRP falling/rising?

As of 11-Aug, GRP Ltd's stock price is currently at 2,050.00, reflecting a decrease of 23.0 points or 1.11%. The stock has recently hit a new 52-week low of Rs. 1988.9 and has been on a downward trend, losing 11.28% over the last four days. It is trading below all its moving averages, indicating a bearish sentiment. The stock has underperformed significantly compared to the benchmark, with a one-week return of -10.71% against the Sensex's -0.51%, and a year-to-date decline of -37.12% compared to the Sensex's gain of 3.15%. Additionally, the company has shown poor financial performance, with a PAT that has fallen by 77.2% compared to the previous four-quarter average and a high Debt to EBITDA ratio of 2.87 times, which raises concerns about its ability to service debt. Broader market context indicates that the Rubber Products sector has also seen a decline of 2.26%, contributing to the negative sentiment surrounding GRP Ltd. The stock's performance is further compounded by a significant drop in investor participation, with delivery volume falling by 32.02% against the five-day average. Despite the company's long-term growth potential, as evidenced by a 94.28% annual growth in operating profit, the overall market perception remains cautious, particularly given the stock's substantial underperformance over the past year, where it has returned -42.88% compared to the broader market's -1.85%. This combination of poor short-term performance, high debt levels, and low investor confidence has led to the stock's current decline.