Why is Kallam Textiles falling/rising?

As of 16-Sep, Kallam Textiles Ltd is currently priced at 3.96, reflecting an increase of 0.04 or 1.02%. Despite this uptick, the stock has shown a consistent underperformance, with a decline of 1.49% over the past week and a staggering 48.03% drop over the last year. Today's price summary indicates that the stock has gained after two consecutive days of decline, although it is still trading below all key moving averages. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 379.73% against the 5-day average. However, the company faces significant challenges, including operating losses, a high debt-to-EBITDA ratio of 10.79 times, and a low return on equity of 1.26%, which collectively contribute to its weak long-term fundamental strength.
In the broader market context, Kallam Textiles has underperformed the Sensex, which has gained 1.58% over the past week, while Kallam has declined. The stock's performance has been consistently negative compared to the benchmark over the last three years, highlighting its struggle to generate positive returns. The company's financial difficulties, including a negative EBITDA and a high debt-equity ratio of 3.07 times, further exacerbate its risk profile. Overall, while there is a slight uptick in the stock price today, the underlying fundamentals and historical performance suggest a challenging environment for Kallam Textiles.