Why is Kapil Cotex falling/rising?

As of 11-Sep, Kapil Cotex Ltd is experiencing a decline in its stock price, currently at Rs 158.55, which represents a decrease of Rs 7.2 or 4.34%. The stock has underperformed its sector by 4.6% today and has been on a downward trend for the last four days, accumulating a total loss of 14.3% during this period. It opened with a significant gap down of 4.52% and reached an intraday low of Rs 158.25. Over the past week, the stock has dropped by 14.00%, and year-to-date, it has fallen by 45.37%. The company's financial health is concerning, with operating losses and a negative EBITDA, indicating weak long-term fundamental strength. Additionally, net sales have stagnated, and the company has a high debt-to-EBITDA ratio, which further exacerbates its financial instability. In the broader market context, while the Sensex has shown a slight increase of 1.03% over the past week, Kapil Cotex's performance starkly contrasts this trend, highlighting its struggles. The stock's significant underperformance is evident as it has generated a return of -17.01% over the past year, compared to the market's negative return of only -2.29%. This disparity underscores the company's challenges in maintaining investor confidence and its inability to keep pace with market movements, contributing to the ongoing decline in its stock price.