Why is Gujarat Poly falling/rising?

As of 16-Jul, Gujarat Poly Electronics Ltd is experiencing a decline in its stock price, currently at Rs 97.00, which represents a decrease of 2.15 (-2.17%). The stock has underperformed its sector by 2.23% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 97, and the delivery volume has significantly decreased by 50.57% compared to the 5-day average, indicating falling investor participation. Over the past year, the stock has generated a return of -4.15%, while its profits have decreased by 0.9%. The company's weak long-term fundamental strength, characterized by a low EBIT to Interest ratio and a very expensive valuation compared to peers, further contributes to the negative sentiment around the stock.
In the broader market context, Gujarat Poly's short-term performance shows a slight increase of 0.23% over the past week, while the benchmark Sensex has declined by 1.08%. However, the stock's year-to-date return of 2.00% lags behind the Sensex's 5.75% gain. This underperformance, combined with the company's flat results in March and weak operating profit growth, suggests that investor confidence is waning. The stock's liquidity remains adequate for trading, but the overall market sentiment appears to be unfavorable, leading to the current decline in price.