Why is Kalyani Invest. falling/rising?

As of 06-Nov, Kalyani Investment Company Ltd is experiencing a decline in its stock price, currently at Rs 5,001.50, which reflects a decrease of Rs 262.8 or 4.99%. The stock has underperformed significantly, with a consecutive fall over the last six days resulting in a total decline of 20.57%. Today's trading opened with a loss of 3.86%, and the stock reached an intraday low of Rs 5,001.50. Over the past week, the stock has dropped by 11.98%, while its performance over the last year shows a substantial decline of 21.71%. The company has reported weak financial results, including a net sales drop of 68.5% and a negative profit after tax, which has contributed to a lack of investor confidence, as evidenced by a significant decrease in delivery volume.
In the broader market context, Kalyani Investment Company Ltd has underperformed the benchmark Sensex, which has shown a slight decline of only 1.30% over the past week. The stock's long-term fundamentals are weak, with an average return on equity of 0.89% and a significant drop in profits over the past year. Despite trading at a discount compared to its peers, the lack of interest from domestic mutual funds, which hold only 0.01% of the company, indicates a lack of confidence in its valuation or business prospects. Overall, the combination of poor financial performance, declining investor participation, and significant underperformance relative to the market has led to the stock's current downward trend.