Why is Sh. Ganesh Elas. falling/rising?

As of 09-Jul, Shree Ganesh Elastoplast Ltd's stock price is currently at 22.60, reflecting a decrease of 0.32, or 1.4%. The stock has underperformed its sector by 1.03% today and has shown erratic trading patterns, not trading on one day out of the last 20. It is trading below all moving averages, indicating a downward trend. Additionally, the delivery volume has significantly decreased by 86.67% compared to the 5-day average, suggesting a lack of investor interest. Over the past year, the stock has generated a return of -16.42%, while the company's financials reveal operating losses and a weak ability to service its debt, with a negative EBITDA and a poor EBIT to interest ratio of 0.36.
In the broader market context, the stock has underperformed compared to the benchmark, with a 1-year return of -16.42% against the BSE500's positive return of 1.43%. This stark contrast highlights the company's struggles, particularly with a significant drop in net sales and profits over the past nine months. The overall market has been more favorable, with the Sensex showing a slight increase of 0.15% over the past week, while Shree Ganesh Elastoplast Ltd has seen a decline of 1.95% in the same period. This underperformance, coupled with the company's weak long-term fundamentals, contributes to the negative sentiment surrounding the stock.