Why is Kaiser Corporat. falling/rising?

As of 12-Sep, Kaiser Corporation Ltd's stock price is currently at 5.33, reflecting a decrease of 0.11 or 2.02%. The stock has underperformed its sector by 1.01% today and has experienced a trend reversal after two consecutive days of gains. It is trading below all its moving averages, indicating a bearish trend. Additionally, investor participation has declined, with delivery volume falling by 34.34% compared to the five-day average. Over the past year, the stock has significantly underperformed, with a return of -40.04%, and has shown negative financial results, including a net sales decline of 31.06% and a negative EBITDA, which raises concerns about its long-term viability.
In the broader market context, Kaiser Corporation's short-term performance is notably worse than the benchmark, as it has declined by 0.37% over the past week while the Sensex has increased by 1.48%. This consistent underperformance against the benchmark over the last three years, coupled with a high debt-to-EBITDA ratio of 4.92 times and a decrease in promoter confidence, suggests that investors are losing faith in the company's future prospects. The reduction in promoter stake by 4.4% further signals a lack of confidence, contributing to the stock's downward pressure in the market.