Why is Kimia Bioscien. falling/rising?

As of 15-Sep, Kimia Biosciences Ltd's stock price is currently at Rs 35.99, reflecting a decrease of Rs 1.12 or 3.02%. The stock has underperformed significantly, with a 1-week return of -2.73% and a 1-month return of -17.00%. Today's performance indicates that the stock is close to its 52-week low, being only 4.17% away from Rs 34.49. Additionally, the stock has shown a decline in investor participation, with delivery volume falling by 45.06% compared to the 5-day average. The company's financial health is concerning, highlighted by a high debt-to-equity ratio of 11.22 times and a significant drop in net sales and profit after tax, which have fallen by 20.7% and 75.0%, respectively, compared to previous quarters.
In the broader market context, the Sensex has increased by 1.24% over the past week, contrasting sharply with Kimia Biosciences' decline. This consistent underperformance against the benchmark is evident over the last three years, where the stock has generated a return of -30.12%, while the broader market has shown resilience. The company's weak long-term fundamentals, including a negative operating profit growth rate and low return on capital employed, further exacerbate its challenges, leading to a perception of it being a strong sell. Overall, the combination of poor financial performance, high debt levels, and declining investor interest contributes to the stock's downward trajectory.