Why is Kinetic Engg. falling/rising?

As of 26-Jun, Kinetic Engineering Ltd's stock price is currently at Rs 249.40, reflecting a decrease of Rs 4.85 or 1.91%. Today's price summary indicates that the stock has underperformed its sector by 2.24%, with an intraday high of Rs 259.95 and a low of Rs 248.05. Despite trading above its moving averages, the stock has experienced a significant drop in delivery volume, falling by 75.71% compared to the 5-day average. Over the past year, Kinetic Engineering has generated a return of 10.99%, and it has consistently outperformed the BSE 500 in the last three annual periods. However, concerns about its long-term fundamental strength persist, highlighted by a low average Return on Capital Employed (ROCE) of 0.94% and a negative EBIT to Interest ratio.
In the broader market context, Kinetic Engineering's short-term performance over the past week shows a return of 15.68%, significantly outperforming the Sensex, which returned 2.94% in the same period. While the stock has demonstrated strong returns year-to-date at 50.69%, the recent flat results and negative operating profits raise concerns among investors. The increase in promoter confidence, with a 2.17% rise in stake, suggests a belief in the company's future potential, but the weak long-term growth metrics and declining delivery volumes indicate underlying challenges that may be influencing the stock's current downward movement.