Why is Guj. Toolroom falling/rising?

As of 01-Aug, Gujarat Toolroom Ltd's stock price is currently at Rs. 1.02, reflecting a decrease of Rs. 0.04 or 3.77%. The stock has recently hit a new 52-week low of Rs. 1.01 and has been on a downward trend, having fallen for three consecutive days with a total decline of 6.42%. Over the past week, the stock has underperformed the sector by 2.61% and has shown significant negative returns, with a 1-month decline of 17.07% and a year-to-date drop of 61.13%. Despite high management efficiency indicated by a return on equity of 52.94% and a low debt-to-equity ratio of 0.09, the company has faced severe challenges, including a drastic fall in net sales by 62.99% and negative results reported after nine consecutive quarters of losses.
In the broader market context, Gujarat Toolroom's performance has been notably poor compared to the benchmark, with a 1-year return of -50.20% against a slight gain of 3.15% for the Sensex. This stark contrast highlights the stock's struggles relative to the overall market. The company's recent financial results, including a significant decline in profit after tax and a low return on capital employed, further contribute to its negative outlook. Although there has been a rise in investor participation, as indicated by an increase in delivery volume, the overall sentiment remains bearish, leading to the stock's continued decline.