Why is Kakatiya Cement falling/rising?

As of 15-Jul, Kakatiya Cement Sugar & Industries Ltd is experiencing a decline in its stock price, currently at 159.40, which represents a decrease of 2.1 or 1.3%. The stock has underperformed its sector today by 1.35%. In terms of returns, the stock has shown a negative performance over the past year, with a decline of 34.20%, and has consistently underperformed against the benchmark BSE500 over the last three years. The company has reported negative results for the last four consecutive quarters, with net sales falling by 20.8% and a significant drop in profit after tax of 683.1%. Additionally, the company's weak long-term fundamental strength, indicated by operating losses and a poor EBIT to interest ratio, further contributes to the negative sentiment surrounding the stock.
In the broader market context, Kakatiya Cement's short-term performance has been slightly better than the benchmark, with a 1-week return of -1.18% compared to the Sensex's -1.36%. However, the stock's year-to-date performance is significantly worse than the benchmark, with a decline of 14.39% against the Sensex's gain of 5.67%. The rising investor participation, as evidenced by a 98.26% increase in delivery volume, suggests some interest in the stock despite its overall negative trajectory. The liquidity of the stock remains adequate for trading, but the ongoing operational challenges and consistent underperformance against benchmarks indicate a challenging environment for Kakatiya Cement moving forward.