Why is Gujarat Cotex falling/rising?

As of 30-Jul, Gujarat Cotex Ltd is currently priced at 9.90, reflecting an increase of 0.1 or 1.02%. Today's performance indicates that the stock has outperformed its sector by 0.41%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short term. Despite a significant year-to-date return of 77.74%, the stock has experienced a decline of 6.60% over the past month. The company has a fair valuation with a return on capital employed (ROCE) of 3.3 and a low PEG ratio of 0.2, indicating that it is trading at a discount compared to its peers. However, the company faces challenges such as operating losses and a high debt-to-EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, while the BSE500 index has generated negative returns of -2.34% over the past year, Gujarat Cotex has managed to outperform with a remarkable 77.74% return. Nevertheless, its short-term performance is concerning, as it has declined by 2.75% over the past week compared to a 1.50% drop in the Sensex. This indicates that while the stock has shown resilience in the long term, its recent price movements reflect underlying operational challenges and market conditions that may be affecting investor sentiment.