Why is Kiri Industries falling/rising?

As of 25-Sep, Kiri Industries Ltd is currently priced at 574.55, reflecting a decline of 12.8 points or 2.18%. The stock has been on a downward trend, experiencing consecutive losses over the last six days, resulting in a total drop of 7.88% during this period. Despite outperforming its sector by 0.77% today, the stock's performance over the past week shows a decline of 5.66%, while it has managed to generate a significant return of 64.25% over the past year. However, the company has reported negative results for the last three consecutive quarters, with operating losses and a low return on equity, indicating weak long-term fundamental strength. This combination of factors is contributing to the stock's recent price decline.
In the broader market context, Kiri Industries has underperformed relative to the benchmark index, the Sensex, which has seen a decline of 2.23% over the past week. While the stock has outperformed the sector today, the overall market sentiment remains negative, with the BSE500 generating a return of -5.88% over the last year. The company's liquidity appears to be decreasing, as evidenced by a significant drop in delivery volume, which has fallen by 59.37% against the five-day average. This lack of investor participation, coupled with the company's recent financial struggles, suggests a challenging environment for Kiri Industries, contributing to its current price movement.