Why is Kallam Textiles falling/rising?

As of 12-Sep, Kallam Textiles Ltd's stock price is currently at 3.99, reflecting a decrease of 0.04, or 0.99%. The stock has underperformed its sector today by 0.41%, and while it is higher than the 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a negative performance over various periods, with a year-to-date return of -29.38% and a one-year return of -46.94%. Additionally, the company has reported significant operating losses, a high debt-to-EBITDA ratio of 10.79 times, and a low return on equity of 1.26%, indicating weak profitability and financial health. The recent negative results, including a substantial drop in profit before tax and profit after tax, further contribute to the stock's decline.
In the broader market context, Kallam Textiles has consistently underperformed against the benchmark, with a three-year return of -69.77% compared to the Sensex's gain of 36.25%. The stock's performance over the past week and month also reflects a downward trend, with returns of -0.75% and -0.50%, respectively, while the Sensex has increased by 1.48% and 2.08% in the same periods. This consistent underperformance, coupled with falling investor participation and liquidity concerns, paints a challenging picture for Kallam Textiles, contributing to its current stock price decline.