Why is Kimia Bioscien. falling/rising?

As of 12-Sep, Kimia Biosciences Ltd's stock price is currently at Rs 37.11, reflecting an increase of Rs 1.96 or 5.58%. The stock opened with a gain of 2.42% today and reached an intraday high of Rs 37.11. Despite this positive movement today, the stock has shown a decline of 9.53% over the past month and a significant drop of 18.71% year-to-date. The company faces challenges, including a high debt-to-equity ratio of 11.22 times and poor long-term growth indicators, with operating profit declining at an annual rate of -251.46% over the last five years. Additionally, net sales and profit after tax have fallen significantly compared to previous quarters, indicating weak financial performance.
In the broader market context, the stock has underperformed the Sensex, which has gained 1.48% over the past week while Kimia Biosciences Ltd has only increased by 0.49%. The stock's liquidity appears sufficient for trading, but there has been a decline in investor participation, with delivery volume falling by 5.85% against the five-day average. While the stock has outperformed its sector today, its overall performance remains below par, with a one-year return of -27.32%, highlighting ongoing concerns about its long-term viability and profitability.