Why is Kanani Industrie falling/rising?

As of 18-Sep, Kanani Industries Ltd is currently priced at 1.96, reflecting a decrease of 0.01 or 0.51%. The stock has underperformed its sector today by 0.29% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 0.51%, and it has seen a significant drop of 27.41% year-to-date. The company has weak long-term fundamentals, evidenced by a -34.90% CAGR growth in operating profits over the last five years and a low return on equity of 1.90%. Additionally, the stock's liquidity is adequate, with a delivery volume increase of 9.28% against the 5-day average, but the overall financial health remains concerning, as indicated by a poor EBIT to interest ratio and low cash reserves.
In the broader market context, the Sensex has risen by 1.80% over the past week, contrasting sharply with Kanani Industries' decline. The stock has consistently underperformed against the benchmark, generating a return of -31.94% over the last year while the Sensex has only increased by 0.08%. This persistent underperformance, combined with the company's weak profitability metrics and flat financial results, suggests that investor sentiment remains negative, contributing to the stock's downward trajectory.