Why is Kanco Tea falling/rising?

As of 30-Jun, Kanco Tea & Industries Ltd is experiencing a decline in its stock price, currently at 72.35, which reflects a decrease of 0.56 or 0.77%. The stock has shown a trend reversal after two consecutive days of gains, and it is currently outperforming its sector by 1.18%. However, the stock's performance over the past month has been negative, with a decline of 2.16%, and a year-to-date drop of 18.71%. The company is facing significant challenges, including operating losses and a weak ability to service its debt, which is indicated by a poor EBIT to Interest ratio of 0.28. Additionally, the stock's delivery volume has fallen drastically, indicating a decrease in investor participation.
In the broader market context, Kanco Tea's short-term performance has lagged behind the benchmark, with the Sensex showing a 2.09% increase over the past week compared to Kanco's 1.20% gain. This underperformance is compounded by the company's weak long-term fundamental strength, as evidenced by negative EBITDA and low profitability per unit of shareholders' funds. The stock's historical valuations suggest it is trading at a risky level, further contributing to investor caution. Overall, the combination of poor financial metrics and declining investor interest is leading to the stock's downward movement.