Why is Kay Power &Paper falling/rising?

As of 10-Jul, Kay Power & Paper Ltd is experiencing a decline in its stock price, currently at 14.75, which reflects a decrease of 0.3 or 1.99%. The stock has been underperforming, having lost 7.64% over the last four days and is trading below all key moving averages. Additionally, the stock has significantly underperformed the market, with a year-to-date decline of 60.02% compared to a 6.46% increase in the benchmark. The company's weak long-term fundamentals, characterized by a high debt-to-equity ratio and negative operating profits, further exacerbate its declining performance. The delivery volume has also decreased by 30.86%, indicating falling investor participation.
In the broader market context, while the Sensex has shown a slight decline of 0.06% over the past week, Kay Power & Paper's performance has been notably worse, with a 5.81% drop. This stark contrast highlights the stock's struggles relative to the overall market. The company has underperformed significantly over the past year, with a staggering 69.90% decline in stock value, while the broader market has generated positive returns. This combination of poor performance metrics and negative investor sentiment contributes to the ongoing decline in Kay Power & Paper's stock price.