Why is Kesoram Inds. falling/rising?

As of 12-Sep, Kesoram Industries Ltd is experiencing a decline in its stock price, currently at 4.99, which represents a decrease of 0.26 or 4.95%. The stock has underperformed its sector by 4.73% today and has been on a consecutive downward trend for the last two days, with a total drop of 5.49% during this period. Additionally, the stock has shown significant underperformance over various time frames, with a staggering year-to-date decline of 97.71% and a one-year return of -97.72%. The company is facing operating losses, a high debt-to-equity ratio of 7.87, and poor long-term growth metrics, including a net sales decline of -36.32% over the past five years. Furthermore, institutional investors have reduced their stakes by 9.72%, indicating a lack of confidence in the company's fundamentals.
In the broader market context, Kesoram Industries' short-term performance contrasts sharply with the benchmark Sensex, which has gained 1.48% over the past week. While the Sensex has shown positive returns of 2.08% over the last month and 4.82% year-to-date, Kesoram's stock has consistently lagged behind, reflecting its ongoing struggles and negative investor sentiment. The company's weak financial performance, including a negative EBITDA and a return on capital employed at a low of -882.26%, further exacerbates its challenges in attracting investor interest, contributing to its declining stock price amidst a generally more favorable market environment.