Why is Kati patang Life falling/rising?

As of 22-Jul, Kati Patang Lifestyle Ltd's stock price is currently at 23.00, reflecting a decrease of 0.41 or 1.75%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 6.66%. Despite a strong performance over the past year with a return of 276.43%, the company is facing challenges such as operating losses and a weak long-term fundamental strength, indicated by a negative EBIT to Interest ratio of -3.37. Additionally, while the stock is trading above its 200-day moving average, it is below its shorter-term moving averages, suggesting a potential downward trend in the near term.
In the broader market context, Kati Patang's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past year but has underperformed in the short term, with a 1-week return of +2.27% compared to the Sensex's -0.47%. The stock's liquidity remains adequate, with rising investor participation noted in the delivery volume, which increased by 16.34% against the 5-day average. However, the company's weak ability to service its debt and negative EBITDA position raises concerns about its future performance, contributing to the current downward price movement.