Why is Kallam Textiles falling/rising?

As of 09-Sep, Kallam Textiles Ltd is currently priced at 4.02, reflecting a decrease of 0.01 or 0.25%. The stock has recently underperformed its sector by 0.27% and has experienced a trend reversal, falling after four consecutive days of gains. The stock's delivery volume has significantly declined, dropping by 89.5% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has gained 5.79%, but it has underperformed over the longer term, with a year-to-date return of -28.85% and a staggering -49.56% over the past year. The company's financial health is concerning, with operating losses, a high debt-to-EBITDA ratio of 10.79 times, and a negative EBITDA, which collectively suggest weak long-term fundamental strength.
In the broader market context, Kallam Textiles has consistently underperformed against the benchmark, with a three-year return of -70.18% compared to the Sensex's 35.64%. While the stock has shown some short-term gains, its long-term performance remains weak, with negative profitability and significant losses reported in recent quarters. The stock's liquidity is adequate for trading, but the overall sentiment appears negative due to the company's financial struggles and declining investor interest, which may contribute to the ongoing downward pressure on its price.