Why is Gujarat Cotex falling/rising?

As of 31-Jul, Gujarat Cotex Ltd is experiencing a decline in its stock price, currently at 9.67, which reflects a decrease of 0.23 or 2.32%. The stock has underperformed its sector by 2.23% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 57.77% compared to the 5-day average. Over the past week, the stock has decreased by 2.91%, and over the past month, it has fallen by 8.77%. Despite a strong annual return of 70.25%, the company has faced operating losses and poor long-term growth, which contribute to its current price decline.
In the broader market context, while the BSE500 has generated negative returns of -3.20% over the past year, Gujarat Cotex has managed to outperform with a 70.25% return. However, the stock's recent performance contrasts sharply with its benchmark, as it has underperformed in the short term. The company's weak long-term fundamental strength, characterized by low operating profit growth and a high Debt to EBITDA ratio, raises concerns among investors. Although the stock is trading at a discount compared to its peers and has an attractive valuation, the combination of operating losses and declining investor interest suggests a challenging outlook, leading to its current price drop.