Why is Kiri Industries falling/rising?

As of 04-Sep, Kiri Industries Ltd is currently priced at 527.00, reflecting a decrease of 3.6, or 0.68%. The stock has underperformed its sector today by 0.58% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.02%, but it has declined by 2.16% over the past month and 14.81% year-to-date. Despite generating a strong return of 34.10% over the past year, the company has faced significant challenges, including operating losses and negative results for the last three consecutive quarters, which have contributed to its weak long-term fundamental strength. The company's return on equity is low at 8.77%, and its cash and cash equivalents are at their lowest level, indicating financial strain.
In the broader market context, Kiri Industries' recent performance contrasts with the benchmark Sensex, which has gained 0.80% over the past week and 3.30% year-to-date. While the stock has outperformed the broader market over the past year, its recent struggles, including a significant drop in profitability and negative EBITDA, suggest a risky investment environment. The overall market has been more favorable, as evidenced by the BSE500's negative returns of -4.38% over the last year, yet Kiri Industries' challenges have led to its current decline in stock price.