Why is Kakatiya Textile falling/rising?

As of 24-Jun, Kakatiya Textiles Ltd is experiencing a decline in its stock price, currently at 20.80, which reflects a decrease of 0.11 or 0.53%. The stock has underperformed its sector by 1.57% today and has shown a trend reversal after two consecutive days of gains. Despite a strong performance over the past week with a return of 14.79%, the stock has a year-to-date decline of 8.65% and a one-year decline of 16.67%. The company reported very positive results in March 2025, with a significant growth in net sales of 183.9% and record high profits, but it also faces challenges such as a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, while the Sensex has shown a modest gain of 0.58% over the past week, Kakatiya Textiles' performance has been significantly weaker, indicating a lack of investor confidence. The stock's liquidity is adequate for trading, but a notable drop in delivery volume by 70.21% against the five-day average suggests falling investor participation. The stock's historical performance reveals that, despite recent profit increases, it has underperformed the market over the last year, generating negative returns while the broader market has seen positive growth. This combination of factors contributes to the stock's current downward movement.