Why is Kalyani Invest. falling/rising?

As of 03-Nov, Kalyani Investment Company Ltd is experiencing a decline in its stock price, currently at Rs 5,284.00, which reflects a decrease of Rs 191.1 or 3.49%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 16.08% during this period. Additionally, the stock's performance over the past week shows a significant drop of 14.84%, while its year-to-date return stands at -12.47%. The company has reported weak financial results, with net sales and profit after tax showing substantial declines, contributing to a negative sentiment among investors. Furthermore, the stock's low delivery volume indicates a lack of investor participation, which may further pressure the stock price.
In the broader market context, Kalyani Investment Company Ltd has significantly underperformed compared to the benchmark Sensex, which has gained 3.41% over the past month. The stock's long-term fundamentals are weak, as evidenced by its low return on equity and negative returns over the past year, where it has generated -18.73% against the market's positive performance. The limited interest from domestic mutual funds, holding only 0.01% of the company, suggests a lack of confidence in the stock's valuation and future prospects. Overall, these factors contribute to the ongoing decline in the stock price, reflecting broader concerns about the company's financial health and market positioning.