Why is S.M. Gold falling/rising?

As of 11-Jul, S.M. Gold Ltd is experiencing a decline in its stock price, currently at 16.50, which reflects a decrease of 0.12 or 0.72%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.25%. Additionally, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past year shows a return of -6.25%, with profits plummeting by 88.5%. Despite having a very attractive valuation with a ROCE of 5.3, the company faces weak long-term fundamental strength, highlighted by a high Debt to EBITDA ratio and poor growth in operating profit.
In the broader market context, S.M. Gold's short-term performance has been worse than the benchmark, with a 1-week return of -1.90% compared to the Sensex's -1.12%. This consistent underperformance against the benchmark over the last three years further exacerbates investor sentiment. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume suggests waning investor interest. Overall, the combination of declining returns, weak fundamentals, and poor market performance contributes to the stock's downward trajectory.