Why is Gulshan Polyols falling/rising?

As of 01-Aug, Gulshan Polyols Ltd is experiencing a decline in its stock price, currently at Rs 165.00, reflecting a decrease of Rs 5.0 or 2.94%. The stock has underperformed its sector by 0.6% today and reached an intraday low of Rs 164.85. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 3.17%, and it has shown a significant decline of 17.29% over the past year. Despite a 38.9% increase in profits, the stock's return has been negative, and it has a weak long-term fundamental strength with a negative CAGR growth in operating profits over the last five years. Additionally, the low participation from domestic mutual funds suggests a lack of confidence in the stock's current valuation.
In the broader market context, the Sensex has shown a decline of only 1.06% over the past week, indicating that Gulshan Polyols is underperforming relative to the benchmark. The stock's year-to-date performance is down 5.85%, contrasting with the Sensex's positive return of 3.15%. This consistent underperformance against the benchmark over the last three years, coupled with a high debt-to-EBITDA ratio and low return on equity, further highlights the challenges facing the company. The overall market sentiment appears to be cautious, as evidenced by the falling investor participation and the stock's inability to attract domestic mutual funds, which may reflect broader concerns about its financial health and future growth prospects.