Why is Guj. Raffia Inds falling/rising?

As of 09-Jul, Gujarat Raffia Industries Ltd is experiencing a decline in its stock price, currently at Rs 40.26, which reflects a decrease of Rs 1.06 or 2.57%. The stock has underperformed its sector by 2.58% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 4.89%. Over the past week, the stock has seen a slight decline of 0.59%, and its year-to-date performance is significantly negative at -61.30%. The company's financial health is concerning, with weak long-term fundamental strength indicated by a -2.60% CAGR growth in net sales over the last five years and a low return on equity of 4.31%. Additionally, the stock's liquidity is questionable, as delivery volume has decreased by 37.23% against the five-day average, suggesting diminishing investor interest.
In the broader market context, the Sensex has shown a slight gain of 0.15% over the past week, contrasting sharply with Gujarat Raffia Industries' negative performance. This underperformance is further highlighted by the stock's returns over various periods, where it has consistently lagged behind the benchmark indices, including a -11.32% return over the past year compared to the Sensex's 3.96% gain. The company's inability to generate significant profits, coupled with a poor EBIT to interest ratio, indicates challenges in servicing its debt, which may contribute to investor skepticism and the stock's declining price. Overall, the combination of weak financial fundamentals and negative market sentiment has led to the stock's current downward trajectory.