Why is Kallam Textiles falling/rising?

As of 24-Sep, Kallam Textiles Ltd is currently priced at 3.90, reflecting a decrease of 0.04 or 1.02%. The stock has been underperforming, having lost 6.47% over the last four days and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock's delivery volume has significantly decreased by 73.53% compared to the five-day average, suggesting a lack of investor interest. The company is facing substantial operational challenges, including high debt levels and negative profitability, as evidenced by a debt-to-EBITDA ratio of 10.79 times and a return on equity of only 1.26%. These factors contribute to a weak long-term fundamental strength, further pressuring the stock's price.
In the broader market context, Kallam Textiles has underperformed the benchmark, with a one-week return of -3.94% compared to the Sensex's -1.18%. Over the past year, the stock has generated a return of -47.65%, significantly lagging behind the Sensex, which has only declined by 3.77%. This consistent underperformance over multiple periods highlights the stock's struggles relative to the market, reinforcing its status as a risky investment. The overall negative sentiment surrounding the company's financial health and its inability to generate positive returns has contributed to the ongoing decline in its stock price.