Why is Gulshan Polyols falling/rising?

As of 28-Aug, Gulshan Polyols Ltd is experiencing a decline in its stock price, currently at Rs 162.70, reflecting a decrease of Rs 1.4 or 0.85%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total drop of 2.22%. Although it opened the day with a gain of 2.38% and reached an intraday high of Rs 168, it is trading below all key moving averages, indicating a bearish trend. The stock's performance over the past week and month shows declines of 3.53% and 2.49%, respectively, while it has significantly underperformed the benchmark Sensex, which has only decreased by 2.34% and 1.00% in the same periods. Additionally, the stock's liquidity is relatively low, with a notable drop in delivery volume, which has decreased by 41.27% compared to the five-day average. In the broader market context, Gulshan Polyols has consistently underperformed against the benchmark over the last three years, with a one-year return of -25.99% compared to a slight decline of 2.08% for the Sensex. Despite positive financial results, such as significant growth in profit before tax and net sales, the company's high Debt to EBITDA ratio of 4.85 times raises concerns about its ability to service debt, contributing to its negative perception among investors. The lack of domestic mutual fund investment, which stands at 0%, further suggests a lack of confidence in the stock's valuation and future growth potential. Overall, the combination of poor short-term performance, high debt levels, and low investor participation is contributing to the stock's downward movement.