Why is Katare Spinning falling/rising?

As of 18-Sep, Katare Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs 132.00, reflecting a decrease of Rs 1.9 or 1.42%. The stock has underperformed its sector by 1.62% today, reaching an intraday low of Rs 125.5, which is a drop of 6.27%. The trading volume indicates a lack of investor interest, with delivery volume falling by 78.64% compared to the 5-day average. Over the past week, the stock has decreased by 1.12%, and its performance over the last month shows a significant decline of 6.98%. The company has a concerning financial profile, characterized by high debt with a debt-to-equity ratio of 5.77 times and negative returns on capital employed (ROCE). Additionally, the company has reported a poor long-term growth rate in net sales, which has decreased by an annual rate of 27.61% over the past five years.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as the Sensex has increased by 1.80% over the past week and 2.14% over the past month. Furthermore, Katare Spinning has consistently underperformed against the benchmark over the last three years, with a staggering decline of 42.36% in the past year compared to a mere 0.08% increase in the benchmark index. This consistent underperformance, coupled with the company's weak long-term fundamentals and negative EBITDA, contributes to the perception of the stock as a strong sell, further exacerbating its price decline.