Why is Kakatiya Textile falling/rising?

As of 24-Sep, Kakatiya Textiles Ltd is currently priced at 17.25, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week return of -1.43% compared to the Sensex's -1.18%. Additionally, it has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 199.08% against the 5-day average. Despite positive results in net sales and profit after tax, the company faces significant challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, Kakatiya Textiles has consistently underperformed against the benchmark over the past three years, with a year-to-date return of -24.24% compared to the Sensex's +4.58%. This trend of underperformance is compounded by the company's poor long-term growth metrics, with net sales growing at an annual rate of only 16.74% and operating profit stagnating. Although the stock has shown some positive short-term indicators, the overall financial health and historical performance suggest a risky investment, leading to its current flat price movement.