Why is Kernex Microsys. falling/rising?

As of 28-Aug, Kernex Microsystems (India) Ltd is experiencing a decline in its stock price, currently at 996.05, which represents a decrease of 17.85 or 1.76%. The stock has been on a downward trend, losing value for the last three consecutive days with a total decline of 7.26% during this period. It opened lower today by 2.64% and reached an intraday low of Rs 985. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 20.34% against the 5-day average. While the company has shown healthy long-term growth with significant increases in net sales and operating profit, it also faces challenges such as poor management efficiency, indicated by a low return on equity of 7.01%, and a high debt-to-EBITDA ratio, which raises concerns about its ability to service debt.
In the broader market context, Kernex Microsystems has underperformed compared to the benchmark Sensex over the past week and month, with declines of 5.49% and 2.99%, respectively, while the Sensex has only decreased by 2.34% and 1.00%. Despite generating a positive return of 9.47% over the past year, the stock's year-to-date performance shows a significant decline of 26.00%, contrasting with the Sensex's gain of 2.48%. This disparity suggests that while the company has had consistent returns in the long term, its recent performance and market sentiment are negatively impacted by concerns over management efficiency and liquidity, leading to a lack of confidence among investors.