Why is Kakatiya Cement falling/rising?

As of 27-Jun, Kakatiya Cement Sugar & Industries Ltd is currently priced at Rs 162.00, reflecting an increase of Rs 1.45 or 0.9%. Despite this slight uptick, the stock has shown significant underperformance, with a 1-week return of -1.85% and a year-to-date decline of -13.00%. Today's trading saw the stock open with a substantial gain of 5.82%, reaching an intraday high of Rs 173, but it has also experienced high volatility with an intraday fluctuation of 5.9%. The company has reported operating losses and a weak long-term fundamental strength, evidenced by a poor EBIT to Interest ratio of 1.68 and a negative PAT of Rs -7.87 crore, which has fallen dramatically compared to previous quarters. The stock's consistent underperformance against benchmarks over the last three years further exacerbates its negative outlook.
In the broader market context, Kakatiya Cement's recent performance contrasts sharply with the Sensex, which has gained 2.00% over the past week. The stock's inability to keep pace with the benchmark, alongside a significant drop in investor participation—evidenced by a 70.41% decline in delivery volume—suggests a lack of confidence among investors. While the stock remains liquid enough for trading, the overall sentiment is dampened by its historical underperformance and the company's ongoing financial struggles, indicating that the recent price movement may not be sustainable in the face of these challenges.