Why is Kaiser Corporat. falling/rising?

As of 26-Sep, Kaiser Corporation Ltd's stock price is currently at 5.25, reflecting a decrease of 0.2, or 3.67%. The stock has been on a downward trend, having underperformed its sector by 1.63% today and experiencing a consecutive fall over the last four days, resulting in a total decline of 7.57% during this period. The company is trading below its moving averages across various time frames, indicating weak performance. Additionally, the stock has shown significant underperformance against the benchmark, with a year-to-date return of -16.27% compared to the Sensex's 2.93%. The company's financial health is concerning, as it has reported operating losses, a high debt-to-EBITDA ratio of 4.92, and negative growth in net sales and profit after tax, which have both declined by 31.06%. Furthermore, a decrease in promoter stake by 4.4% suggests diminishing confidence in the company's future prospects.
In the broader market context, Kaiser Corporation's recent performance contrasts sharply with the benchmark, as it has consistently underperformed the BSE500 over the last three years. While the stock has declined by 40.54% over the past year, the benchmark has only fallen by 6.30%. This stark difference highlights the challenges faced by Kaiser Corporation in a market that, despite its own struggles, has managed to maintain a more stable performance. The overall decline in the packaging sector, which has fallen by 2.11%, further compounds the difficulties for Kaiser Corporation, indicating that the company is not only facing internal challenges but is also affected by broader market trends.