Why is Kiri Industries falling/rising?

As of 10-Jul, Kiri Industries Ltd is experiencing a slight decline in its stock price, currently at 552.45, with a change of -0.05 (-0.01%). The stock has underperformed its sector by 0.88% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.17%. Over the past week, the stock has decreased by 1.28%, and its performance over the last month shows a significant drop of 7.06%. Despite a strong annual return of 53.44%, the company is facing challenges such as operating losses, a weak ability to service debt, and a high percentage of pledged promoter shares, which contribute to the negative sentiment surrounding the stock.
In the broader market context, Kiri Industries' recent performance contrasts sharply with the benchmark Sensex, which has only seen a minor decline of 0.06% over the past week. While the stock has generated impressive returns over the past year, its recent struggles, including negative quarterly results and a poor EBIT to interest ratio, indicate underlying weaknesses that may deter investors. The stock's liquidity remains adequate, but the overall market conditions and the company's financial health suggest a cautious outlook, leading to its current price decline.