Why is Gujarat Poly falling/rising?

As of 02-Jul, Gujarat Poly Electronics Ltd is currently priced at Rs 98.50, reflecting a decrease of Rs 1.5 or 1.5%. The stock has underperformed its sector by 0.98% today and has experienced a trend reversal after three consecutive days of gains, touching an intraday low of Rs 96.12, which represents a decline of 3.88%. Despite trading above its moving averages for various periods, the stock's recent performance shows a 5.91% increase over the past week, although it has generated a negative return of 2.96% over the past year. The company's fundamentals are concerning, with weak long-term growth in operating profits and a poor EBIT to interest ratio, indicating challenges in servicing its debt. Additionally, the stock is trading at a premium compared to its peers, which may deter investors.
In the broader market context, Gujarat Poly's short-term return of 5.91% over the past week significantly outpaces the Sensex's return of 0.79% in the same period. However, the stock's year-to-date performance of 3.58% lags behind the Sensex's 6.75% return, suggesting that while it has shown some resilience recently, it still faces headwinds in the longer term. The combination of weak fundamentals, high valuation, and recent price declines may contribute to investor caution, impacting the stock's overall movement in the market.