Why is Sh. Ganesh Elas. falling/rising?

As of 15-Jul, Shree Ganesh Elastoplast Ltd's stock price is currently at 22.90, reflecting a decrease of 0.08, or 0.35%. The stock has underperformed its sector today by 1.53%, and it has shown erratic trading patterns, not trading on 2 out of the last 20 days. In terms of returns, the stock has declined by 0.09% over the past week and has experienced a significant drop of 27.05% over the past year, while the broader market has generated a modest return of 2.36% during the same period. The company is facing operational losses, with a weak long-term fundamental strength and a poor EBIT to Interest ratio of 0.36, which indicates challenges in servicing its debt. Additionally, the stock's negative EBITDA and a substantial decline in net sales and profit after tax further contribute to its downward pressure.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, as evidenced by its 1-year return of -27.05% against the BSE500's positive return of 0.37%. This underperformance highlights the stock's struggles relative to the market, compounded by the company's weak financial results, including a 49.22% decline in net sales and a negative profit trajectory. While there has been a notable increase in investor participation, with delivery volume rising significantly, the overall sentiment remains cautious due to the company's financial instability and the risks associated with its current valuation.