Why is Guj.Nat.Resour. falling/rising?

As of 04-Jul, Gujarat Natural Resources Ltd is experiencing a decline in its stock price, currently at Rs 69.23, reflecting a decrease of 1.41 or 2.0%. The stock has recently hit a new 52-week high of Rs 71.95 but has fallen after six consecutive days of gains. Despite a strong performance over the past year, with a remarkable return of 530.55%, the company is facing significant challenges, including operating losses and weak long-term growth, which have contributed to its current price movement. The recent performance has also been impacted by a decrease in investor participation, with delivery volume falling by 13.05% against the five-day average.
In the broader market context, while Gujarat Natural Resources Ltd has outperformed the Sensex over various periods, including a 31.07% increase over the last month compared to the benchmark's 3.01%, the stock's recent decline indicates a potential correction after a strong upward trend. The company's weak fundamentals, highlighted by a negative EBIT to interest ratio and declining net sales, suggest that despite its impressive short-term returns, the stock may be viewed as risky by investors, leading to a pullback in price.