Why is Kakatiya Cement falling/rising?

As of 31-Jul, Kakatiya Cement Sugar & Industries Ltd is experiencing a decline in its stock price, currently at Rs 159.70, down by 1.0 (-0.62%). The stock has been losing value for the last two days, with a total drop of -2.92% during this period. It has also shown poor performance over the past week, with a return of -4.91%, and a significant decline of -33.43% over the past year. The company has reported negative results for the last four consecutive quarters, including a substantial fall in net sales and profitability, which has contributed to its weak long-term fundamental strength. Additionally, the stock is trading at risky levels compared to its historical valuations, with a negative EBITDA and a low return on equity of 1.87%.
In the broader market context, Kakatiya Cement's recent performance is notably worse than the benchmark, as the Sensex has only declined by -1.22% over the past week. This consistent underperformance against the benchmark over the last three years, coupled with a significant drop in investor participation—evidenced by a 29.36% decrease in delivery volume—indicates a lack of confidence among investors. The company's weak ability to service its debt, highlighted by a poor EBIT to interest ratio, further exacerbates the negative sentiment surrounding the stock, leading to its current downward trend.