Why is Kakatiya Textile falling/rising?

As of 04-Jul, Kakatiya Textiles Ltd is experiencing a decline in its stock price, currently at Rs 21.72, reflecting a decrease of 1.88 (-7.97%). The stock has underperformed its sector by 8.79% today and has fallen after three consecutive days of gains. It touched an intraday low of Rs 21.72, with a weighted average price indicating that more volume was traded close to this low. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock's performance over the last month shows a significant decline of 14.76%, while it has generated negative returns of 11.67% over the past year, indicating a weak long-term fundamental strength due to a negative book value and high debt levels.
In the broader market context, while Kakatiya Textiles has seen a short-term return of 1.50% over the past week, the benchmark Sensex has declined by 0.74%, suggesting that the stock has been relatively resilient in the short term compared to the market. However, the stock's long-term performance remains concerning, as it has underperformed the market significantly over the past year, where the BSE500 has generated returns of 2.13%. The company's recent positive results, including a 183.9% growth in net sales, contrast sharply with its weak long-term growth metrics, which include an annual net sales growth rate of only 6.85% and a high debt-to-equity ratio, contributing to the overall negative sentiment surrounding the stock.