Why is Kiri Industries falling/rising?

As of 05-Sep, Kiri Industries Ltd is experiencing a decline in its stock price, currently at 522.90, reflecting a decrease of 4.1 points or 0.78%. The stock has underperformed the sector by 0.7% today and has been on a downward trend for the last two days, with a total return loss of 1.45% during this period. Additionally, Kiri Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has reported negative results for the last three consecutive quarters, with significant declines in both profit before tax and profit after tax. Despite generating a 32.80% return over the past year, the company has faced operating losses and a negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, Kiri Industries' recent performance contrasts sharply with the Sensex, which has gained 1.13% over the past week and shows a 3.29% increase year-to-date. While the stock has outperformed the broader market over the past year, its recent returns of -1.40% over the last week and -7.65% over the last month highlight a concerning trend. The decline in delivery volume by 24.06% against the 5-day average further suggests a lack of investor confidence, which is compounded by the company's low profitability per unit of shareholders' funds. Overall, the combination of poor financial performance and declining investor participation is driving the stock's recent downward movement.