Why is Kaya Ltd falling/rising?

As of 24-Jul, Kaya Ltd's stock price is currently at 433.30, reflecting a decrease of 8.8 points or 1.99%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.69% during this period. In terms of returns, the stock has experienced a 1.89% drop over the past week, while it has seen a significant increase of 13.52% over the last month. However, the company's long-term fundamentals appear weak, with a negative book value and a poor EBIT to interest ratio, indicating challenges in servicing its debt. Additionally, the company has reported negative results for the last five consecutive quarters, with net sales and profits both declining significantly.
In the broader market context, Kaya Ltd's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has only seen a slight decline of 0.09% over the past week. The stock's volatility has been notably high today, with an intraday volatility of 3017.42%, suggesting significant price fluctuations. Furthermore, the stock's liquidity is adequate for trading, but the drastic drop in delivery volume by 97.8% indicates a lack of investor confidence. Overall, while the stock has shown some positive returns over the longer term, its recent performance and ongoing financial struggles contribute to its current downward trend.