Why is Kanco Tea falling/rising?

As of 02-Jul, Kanco Tea & Industries Ltd is currently priced at 73.00, showing no change (0.00%). The stock's performance today is in line with the sector, but it has experienced a significant drop in investor participation, with delivery volume falling by 99.66% compared to the 5-day average. Over the past week, the stock has increased by 6.34%, while it has gained 4.29% over the last month. However, it has underperformed significantly year-to-date with a decline of 17.98% and a 1-year return of -4.59%. The company is facing challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of 0.28. Additionally, the stock is considered risky due to negative EBITDA and has consistently underperformed against benchmarks over the last three years.
In the broader market context, Kanco Tea's short-term performance has outpaced the Sensex, which has only increased by 0.79% over the past week and 2.50% over the past month. However, the stock's long-term outlook remains concerning, with a year-to-date decline that contrasts sharply with the Sensex's gain of 6.75%. The company's weak long-term fundamental strength, highlighted by low profitability and significant operating losses, suggests that despite some short-term gains, the overall sentiment around Kanco Tea remains negative, contributing to its ongoing struggles in the market.