Why is Kallam Textiles falling/rising?

As of 02-Sep, Kallam Textiles Ltd is experiencing a decline in its stock price, currently at 3.80, which represents a decrease of 0.08 or 2.06%. The stock has underperformed significantly today, lagging behind its sector by 3.05%. It is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has dropped by 3.06%, and it has seen a substantial decline of 32.74% year-to-date. The company is facing operational challenges, highlighted by significant operating losses and a high debt-to-EBITDA ratio of 10.79 times, which indicates a low ability to service its debt. Additionally, the stock has generated a return of -52.44% over the past year, with profitability metrics showing a return on equity of only 1.26%.
In the broader market context, Kallam Textiles has consistently underperformed against the benchmark, with a notable decline of 71.45% over the past three years compared to a 36.32% gain in the Sensex. While the stock has seen a rise in investor participation, as indicated by a 165.49% increase in delivery volume, the overall sentiment remains negative due to the company's weak long-term fundamentals and recent financial results, which include a significant drop in profit after tax. The stock's liquidity is adequate for trading, but the persistent underperformance and negative EBITDA position it as a risky investment in the current market environment.