Why is Kirl. Electric falling/rising?

As of 28-Jul, Kirloskar Electric Company Ltd is experiencing a decline in its stock price, currently at Rs 128.70, which reflects a decrease of Rs 3.1 or 2.35%. The stock has underperformed its sector by 1.62% today and has been on a consecutive fall for the last three days, resulting in a total drop of 4.95% during this period. Over the past week, the stock has decreased by 5.47%, and it has shown a significant decline of 45.11% over the past year, indicating poor performance relative to the benchmark Sensex, which has only fallen by 0.54% in the same timeframe. The company's financial health is concerning, as it has reported negative results for the last eight consecutive quarters, with a substantial drop in profit before tax and profit after tax compared to previous averages. Additionally, the company has a weak long-term fundamental strength, reflected in a low return on capital employed and a high debt to EBITDA ratio.
In the broader market context, while the Sensex has generated a negative return of 2.52% over the last year, Kirloskar Electric's stock has significantly underperformed with a return of -45.11%. This stark contrast highlights the company's struggles and lack of investor confidence, as evidenced by the negligible stake held by domestic mutual funds. Furthermore, the stock is trading below all key moving averages, indicating a bearish trend. Despite a slight increase in delivery volume, the overall sentiment remains negative due to the company's weak financial performance and lack of growth prospects, contributing to the ongoing decline in its stock price.