Why is Kenvi Jewels falling/rising?

As of 05-Jun, Kenvi Jewels Ltd is experiencing a decline in its stock price, currently at 3.30, which represents a decrease of 0.04 or 1.2%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 5.17% over that period. Additionally, the stock's performance today is noted to be 1.25% below its sector average. While the company has shown positive growth in net sales and a relatively high return on capital employed (ROCE), its long-term fundamentals appear weak, with a poor EBIT to Interest ratio and a significant drop in stock value over the past year, which has contributed to its bearish outlook.
In the broader market context, Kenvi Jewels' recent performance contrasts sharply with the Sensex, which has only seen a minor decline of 0.23% over the same week. The stock's year-to-date performance is particularly concerning, with a drop of 19.71%, while the Sensex has gained 4.23% in the same timeframe. This underperformance against the benchmark highlights the stock's struggles, despite some positive indicators such as attractive valuation and growth in profits. Overall, the combination of declining investor participation, technical bearish signals, and weak long-term fundamentals suggests a challenging environment for Kenvi Jewels Ltd.