Why is Guj Apollo Inds falling/rising?

As of 29-Aug, Gujarat Apollo Industries Ltd is experiencing a decline in its stock price, currently at 510.05, which reflects a decrease of 17.2 points or 3.26%. Today's price summary indicates that the stock has underperformed its sector by 4.42% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 505.9, and the volume traded was closer to this low price, suggesting a lack of investor confidence. Despite generating a return of 31.29% over the past year, the company has reported operating losses and negative results for the last six consecutive quarters, which has contributed to a weak long-term fundamental strength and a negative EBITDA. Additionally, the significant drop in delivery volume by 48.15% compared to the five-day average indicates falling investor participation. In the broader market context, Gujarat Apollo Industries Ltd has outperformed the benchmark Sensex over various periods, including a 7.99% increase over the past month compared to a 1.88% decline in the Sensex. However, the recent performance today contrasts with this trend, as the stock is currently facing downward pressure. The company's weak financial indicators, including a poor EBIT to Interest ratio and a lack of domestic mutual fund investment, suggest that investors may be cautious about the stock's future prospects, contributing to its current price decline.