Why is Kay Power &Paper falling/rising?

As of 23-Sep, Kay Power & Paper Ltd is experiencing a decline in its stock price, currently at 14.98, reflecting a decrease of 0.18 or 1.19%. The stock has underperformed its sector by 0.57% today, despite being higher than its 5-day, 20-day, and 50-day moving averages. However, it remains lower than its 100-day and 200-day moving averages. The stock has shown a mixed performance over various periods, with a significant year-to-date decline of 59.39% and a one-year drop of 64.59%, while it has performed positively over the last three years with a return of 70.62%. The company's high debt levels, with a debt-to-equity ratio averaging 11.48 times, and weak long-term fundamentals contribute to the negative sentiment around the stock, alongside a significant drop in investor participation, as evidenced by a 66.19% decrease in delivery volume compared to the 5-day average.
In the broader market context, while the Sensex has shown a slight decline of 0.34% over the past week, Kay Power & Paper's performance has been notably worse, with a 4.54% increase in the same period. This stark contrast highlights the stock's struggle to keep pace with the market. The company's weak financial indicators, such as a return on capital employed of only 0.58% and a significant drop in net sales and earnings per share, further exacerbate its challenges. Overall, the stock's poor performance relative to the benchmark and its underlying financial issues suggest a continued downward trend in investor confidence.