Why is Sh. Ganesh Elas. falling/rising?

As of 10-Jul, Shree Ganesh Elastoplast Ltd is experiencing a decline in its stock price, currently at 22.50, reflecting a decrease of 0.1 or 0.44%. The stock has underperformed its sector by 1.04% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 1.83%. Over the past week, the stock has decreased by 2.17%, and its year-to-date performance shows a significant decline of 16.67%. The company is facing operational challenges, evidenced by an operating loss and a weak ability to service its debt, with a poor EBIT to Interest ratio of 0.36. Additionally, the stock's delivery volume has fallen sharply, indicating reduced investor participation, and it is trading below all key moving averages.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week, contrasting with Shree Ganesh Elastoplast's more pronounced drop. The stock has underperformed the market significantly over the past year, with a return of -18.00% compared to the BSE500's positive return of 1.46%. This underperformance, coupled with negative financial results and a risky trading profile, suggests that investor confidence is waning, contributing to the stock's current downward trajectory.