Why is S.M. Gold falling/rising?

As of 13-Aug, S.M. Gold Ltd is experiencing a slight increase in its stock price, currently at 15.35, reflecting a change of 0.1 or 0.66% upward. Despite this daily gain, the stock has shown a negative performance over the past week and month, with declines of 2.17% and 6.97%, respectively. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 16.31% compared to the 5-day average. Although the stock is trading at a discount compared to its peers and has a favorable valuation with a ROCE of 5.3, it has also faced challenges, including a significant drop in profits by 36.3% over the past year and a decrease in promoter holding to 33.91%.
In the broader market context, S.M. Gold's performance has been underwhelming compared to the benchmark, with a year-to-date return of -12.29% against the Sensex's positive return of 3.07%. This consistent underperformance over the last three years highlights the stock's struggle to attract investor confidence. The company's weak long-term fundamentals, characterized by a high Debt to EBITDA ratio and flat sales results, further contribute to its challenges in the market. Overall, while there is a minor uptick in the stock price today, the underlying factors suggest a continued struggle for S.M. Gold Ltd in the competitive landscape.