Why is Katare Spinning falling/rising?

As of 04-Jul, Katare Spinning Mills Ltd is experiencing a decline in its stock price, currently at 156.90, which reflects a decrease of 1.0 or 0.63%. The stock has underperformed its sector today by 1.45% and has seen a trend reversal after three consecutive days of gains. Its performance over the past week shows a decline of 1.29%, and it has significantly underperformed the benchmark indices over various periods, including a year-to-date drop of 26.68% compared to a 6.77% increase in the Sensex. The stock's liquidity appears to be adequate, but there has been a notable decrease in investor participation, with delivery volume plummeting by 95.92% against the five-day average. Additionally, the company is facing significant challenges, including operating losses, a high debt-to-equity ratio, and negative returns on capital employed (ROCE), which contribute to its weak long-term fundamental strength.
In the broader market context, Katare Spinning Mills Ltd's recent performance contrasts sharply with the benchmark indices, as it has consistently underperformed the BSE500 over the last three years, generating a return of -33.23% in the past year while the benchmark has risen by 4.23%. This consistent underperformance, combined with the company's flat results and negative EBITDA, indicates a risky investment environment. The stock's struggles are further compounded by poor long-term growth metrics, such as a -30.39% annual rate of net sales growth and a -1.50% operating profit over the last five years, which collectively suggest that the stock's decline is likely to continue unless significant improvements are made.