Why is Kinetic Engg. falling/rising?

As of 25-Aug, Kinetic Engineering Ltd is experiencing a decline in its stock price, currently at Rs 319.30, which reflects a decrease of Rs 6.5 or 2.0%. The stock has underperformed its sector by 1.77% today and has been on a downward trend for the last two days, accumulating a total loss of 3.85% during this period. It opened with a loss of 2% and has traded flat at this price throughout the day. Despite a strong performance over the past year with a return of 62.12%, the company is facing challenges such as operating losses and weak long-term fundamental strength, which have contributed to the recent price decline. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 74.43% compared to the 5-day average, indicating reduced interest from investors.
In the broader market context, Kinetic Engineering's short-term performance over the past week shows a gain of 3.52%, which is significantly higher than the Sensex's increase of 0.45%. However, the stock's longer-term performance has been mixed, with a decline of 8.25% over the past month while the Sensex has only slightly increased by 0.21%. The recent negative operating profits and a decrease in institutional investor participation, who have reduced their stake by 0.97%, suggest a cautious outlook among more sophisticated investors. This combination of factors, including poor financial metrics and declining investor confidence, is likely contributing to the stock's current downward movement.