Why is Kakatiya Cement falling/rising?

As of 25-Jul, Kakatiya Cement Sugar & Industries Ltd is experiencing a decline in its stock price, currently at 165.00, which reflects a decrease of 2.95 points or 1.76%. The stock has underperformed its sector by 0.57% today and has been on a downward trend, losing 6.25% over the last three days. In terms of returns, the stock has shown a flat performance over the past week at 0.00%, but has gained 2.26% over the past month. However, it has significantly underperformed over the longer term, with a year-to-date decline of 11.39% and a staggering 28.97% drop over the past year. The company has reported negative results for the last four consecutive quarters, with net sales falling by 20.8% and a negative profit after tax of Rs -7.87 crore, indicating weak financial health and low profitability.
In the broader market context, the Sensex has shown a slight decline of 0.36% over the past week, while Kakatiya Cement's performance has been relatively stable in the short term compared to this benchmark. However, the company's long-term performance is concerning, as it has consistently underperformed against the BSE500 over the last three years. The stock's liquidity is adequate for trading, but the significant drop in delivery volume by 59.65% against the five-day average suggests a lack of investor confidence. Overall, the combination of operating losses, weak fundamentals, and negative EBITDA positions Kakatiya Cement as a risky investment, contributing to its recent price decline.