Why is Kesoram Inds. falling/rising?

As of 23-Sep, Kesoram Industries Ltd is experiencing a decline in its stock price, currently at 5.78, reflecting a decrease of 0.3 or 4.93%. The stock has underperformed its sector today by 3.93% and has been on a downward trend for the last two days, accumulating a total loss of 8.98%. Despite a positive performance over the past week and month, with returns of 5.09% and 11.58% respectively, the stock has faced significant challenges, including operating losses and a high debt-to-equity ratio of 7.87 times. The company's fundamentals are weak, with net sales declining at an annual rate of 36.32% and an alarming negative EBITDA, which has contributed to the stock's poor performance over the past year, where it has lost 97.44% of its value.
In the broader market context, while Kesoram Industries has shown some short-term gains, it has significantly lagged behind the benchmark Sensex, which has gained 5.07% year-to-date. The stock's recent performance is further compounded by a decrease in institutional investor participation, which has fallen by 9.72% in the previous quarter, indicating a lack of confidence from more knowledgeable market players. This decline in institutional interest, coupled with the company's poor long-term growth prospects and negative earnings, paints a concerning picture for Kesoram Industries, leading to its current price drop.