Why is Guj Apollo Inds falling/rising?

As of 02-Sep, Gujarat Apollo Industries Ltd is experiencing a decline in its stock price, currently at Rs 481.55, which reflects a decrease of Rs 26.25 or 5.17%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 8.67% during this period. Today's trading saw the stock touch an intraday low of Rs 481.4, with a weighted average price indicating more volume traded close to this low. Despite generating a positive return of 18.90% 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. Furthermore, the significant drop in delivery volume by 81.9% against the five-day average suggests falling investor participation, which may further pressure the stock price. In the broader market context, Gujarat Apollo Industries Ltd's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.40% compared to the Sensex's -0.78%. While the stock has shown strong returns over longer periods, such as 48.35% year-to-date and 154.18% over three years, the recent negative financial results and lack of confidence from domestic mutual funds, which hold 0% of the company, indicate a cautious outlook among investors. This combination of poor recent performance, weak fundamentals, and declining investor interest has contributed to the stock's current downward trend.