Why is Sh. Ganesh Elas. falling/rising?

As of 03-Jul, Shree Ganesh Elastoplast Ltd is experiencing a decline in its stock price, currently at 23.00, reflecting a decrease of 0.05 or 0.22%. The stock has been losing value for the last two days, with a total drop of 0.43% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has reported significant operating losses, with a weak long-term fundamental strength, evidenced by a poor EBIT to Interest ratio of 0.36. Additionally, the company has shown negative performance in its financials, with net sales and profit after tax both declining by 49.22%. The stock's performance over the past year has been disappointing, generating a return of -6.12%, while profits have fallen dramatically by 190.2%.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -5.35% compared to the Sensex's decline of only 0.62%. This underperformance is further highlighted by the stock's year-to-date return of -14.81% against the Sensex's gain of 6.53%. Despite a rise in investor participation, as indicated by an 83.67% increase in delivery volume, the overall sentiment remains negative due to the company's financial struggles and the risk associated with its current valuation. The stock's liquidity is adequate for trading, but the prevailing negative factors overshadow any potential positive momentum.