Why is Guj. Raffia Inds falling/rising?

As of 27-Jun, Gujarat Raffia Industries Ltd is experiencing a decline in its stock price, currently at Rs 40.60, which represents a decrease of Rs 1.4 or 3.33%. Today's trading performance indicates that the stock opened with a loss of 2.38% and reached an intraday low of Rs 40.60. The stock has underperformed its sector by 3.06% today and has traded within a narrow range of Rs 0.4. Over the past week, the stock has seen a significant decline of 7.73%, while its year-to-date performance shows a staggering drop of 60.98%. The company has weak long-term fundamentals, evidenced by a -2.60% CAGR growth in net sales over the last five years and a low return on equity of 4.31%, which signifies low profitability per unit of shareholders' funds.
In the broader market context, the Sensex has increased by 2.00% over the past week, contrasting sharply with Gujarat Raffia's performance. While the stock has shown a positive return of 6.51% over the past month, it still lags behind the benchmark's 3.07% gain. The company's financial struggles, including a poor EBIT to interest ratio of 0.46 and flat results in recent quarters, contribute to its underperformance. Additionally, the stock's valuation appears expensive relative to its peers, further discouraging investor confidence. Overall, the combination of weak fundamentals, poor recent performance, and a lack of positive momentum in comparison to the broader market has led to the stock's current decline.