Why is Kaya Ltd falling/rising?

As of 11-Jul, Kaya Ltd's stock price is currently flat at 408.50, with no change in percentage terms. The stock has underperformed in the short term, showing a decline of 6.74% over the past week, while it has performed better over the past month with a gain of 16.38%. Today's price summary indicates that the stock has outperformed its sector by 0.94%, although it is trading lower than its 5-day moving averages despite being higher than the 20, 50, 100, and 200-day moving averages. However, there is a concerning trend of falling investor participation, with delivery volume down by 28.21% compared to the 5-day average. The company has also reported negative results for the last five consecutive quarters, with net sales and profit after tax both declining significantly, which raises concerns about its long-term growth potential and ability to service debt.
In the broader market context, Kaya Ltd's performance has been notably weaker than the benchmark, as it has generated a return of -41.66% over the past year compared to a 3.26% gain in the Sensex. This stark contrast highlights the company's struggles, particularly as institutional investors have reduced their stakes by 1.43% in the last quarter, indicating a lack of confidence in the company's fundamentals. While the stock has shown some positive movement in the short term, the overall negative trends in sales, profits, and investor participation suggest that the stock's recent performance may not be sustainable without significant improvements in its financial health.