Why is Katare Spinning falling/rising?

As of 15-Jul, Katare Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs 149.25, which reflects a decrease of Rs 5.6 or 3.62%. The stock has been underperforming, with a consecutive fall over the last four days resulting in a total drop of 6.54%. Today, it opened with a gain of 3.26% but quickly fell to an intraday low of Rs 145.6, just 2.85% away from its 52-week low. The stock has shown significant underperformance against the benchmark, with a 1-week return of -5.42% compared to the Sensex's -1.36%. Additionally, the company has reported operating losses and a weak long-term fundamental strength, with negative growth in net sales and high debt levels contributing to its poor performance.
In the broader market context, Katare Spinning'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 -38.83% in the past year while the benchmark has seen a modest increase. The stock's liquidity appears to be declining, with a significant drop in delivery volume, indicating falling investor participation. The overall sentiment surrounding the stock is negative, driven by its weak financial fundamentals, including negative EBITDA and a low return on capital employed, which further exacerbates its challenges in the current market environment.