Why is Gujarat Cotex falling/rising?

As of 29-Jul, Gujarat Cotex Ltd is currently priced at 9.80, showing no change (0.00%). The stock has underperformed its sector by 0.68% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.49%, and over the last month, it has fallen by 7.20%. Despite a significant annual return of 79.16%, the company has faced operating losses, with a weak long-term fundamental strength indicated by a low ability to service debt and poor growth in operating profit. The stock is trading at a discount compared to its peers, but the high Debt to EBITDA ratio and flat quarterly results suggest underlying challenges that may be affecting investor sentiment.
In the broader market context, the stock's performance contrasts with the benchmark, as the Sensex has only declined by 1.03% over the past week and 3.24% over the past month. While Gujarat Cotex has generated impressive returns over the past year, the overall market (BSE500) has experienced negative returns of -2.26%, indicating that the stock has outperformed the market despite its recent struggles. The rising investor participation, with a 19.02% increase in delivery volume, suggests some interest in the stock, but the overall negative factors, including operating losses and a weak growth outlook, contribute to a cautious market perception.