Why is Kesoram Inds. falling/rising?

As of 27-Jun, Kesoram Industries Ltd is experiencing a decline in its stock price, currently at 6.16, reflecting a decrease of 0.12 or 1.91%. The stock has underperformed its sector today by 3.58% and has been on a downward trend for the last three days, accumulating a total decline of 5.67%. Over the past week, the stock has fallen by 5.81%, while it has shown a modest increase of 13.86% over the past month. However, the long-term performance is concerning, with a staggering year-to-date decline of 97.17% and a similar drop of 97.08% over the past year. The company is facing significant operational challenges, including negative results for the last three consecutive quarters, high debt levels, and poor long-term growth metrics, which contribute to its weak fundamental strength.
In the broader market context, Kesoram Industries Ltd's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.00% over the past week and 3.07% over the last month. This stark difference highlights the stock's struggles, particularly as it has underperformed the market significantly over the past year, where the BSE 500 has generated a positive return of 4.10%. The company's high institutional holdings of 20.95% suggest that while there is some confidence from larger investors, the overall sentiment remains negative due to the company's ongoing operational losses and poor profitability metrics.