Why is Kesoram Inds. falling/rising?

As of 21-Aug, Kesoram Industries Ltd is experiencing a decline in its stock price, currently at 5.26, with a change of -0.1, representing a decrease of 1.87%. The stock has underperformed its sector by 1.65% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.41%. Over the past week, the stock has fallen by 2.95%, and its year-to-date performance shows a staggering drop of 97.58%. The company is facing significant challenges, including operating losses and a weak long-term fundamental strength, with net sales decreasing at an annual rate of 36.32% and a high debt-to-equity ratio of 7.87 times. Additionally, institutional investors have reduced their stake by 9.72%, indicating a lack of confidence in the company's future prospects.
In the broader market context, while the Sensex has shown a positive return of 1.74% over the past week, Kesoram Industries has significantly lagged behind, highlighting its struggles in comparison to the overall market. The stock's performance over the last year is particularly concerning, with a return of -97.46%, far worse than the market's decline of only 1.56%. This stark contrast underscores the company's ongoing issues, including negative EBITDA and a low return on capital employed, which have contributed to its poor market performance and investor sentiment.