Why is Kamanwala Housin falling/rising?

As of 07-Jul, Kamanwala Housing Construction Ltd's stock price is currently at 19.19, reflecting a decrease of 0.04, or 0.21%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 4.05% during this period. Despite this recent drop, the stock has shown strong performance over the longer term, with a year-to-date return of 7.33% and a one-year return of 16.30%, significantly outperforming the BSE500 index in the same timeframe. However, the company is facing challenges, including operating losses and a weak ability to service its debt, which has contributed to its negative return on capital employed (ROCE).
In the broader market context, while Kamanwala's short-term performance has been negative, the benchmark Sensex has only declined by 0.20% over the past week. This indicates that the stock's recent struggles are more pronounced compared to the overall market. The stock's liquidity appears adequate, with rising investor participation noted, but the underlying financial weaknesses, such as a poor EBIT to interest ratio and negative EBITDA, suggest that investors may be cautious. Overall, while the company has shown impressive long-term growth, the current operational challenges are likely influencing the stock's recent price decline.