Why is Gulshan Polyols falling/rising?

As of 28-Jul, Gulshan Polyols Ltd is experiencing a decline in its stock price, currently at Rs 166.85, which reflects a decrease of Rs 3.55 or 2.08%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.11% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 5.57%, while over the past month, it has decreased by 6.79%. Despite a significant profit increase of 38.9% over the past year, the stock has generated a return of -16.05%, which suggests that investor sentiment may be negatively impacted by its weak long-term fundamentals, including a low Return on Equity and high Debt to EBITDA ratio.
In the broader market context, Gulshan Polyols has underperformed the benchmark Sensex, which has seen a decline of only 1.59% over the past week and 3.77% over the past month. This consistent underperformance against the benchmark over the last three years, coupled with a lack of domestic mutual fund investment, may indicate a lack of confidence in the company's future prospects. The stock's liquidity appears sufficient for trading, but the significant drop in delivery volume suggests waning investor interest. Overall, the combination of weak long-term growth, high debt levels, and recent price declines contributes to the stock's current downward trajectory.