Why is Kirl. Electric falling/rising?

As of 31-Jul, Kirloskar Electric Company Ltd is experiencing a decline in its stock price, currently at 128.30, which reflects a decrease of 0.7 or 0.54%. The stock has underperformed its sector by 0.42% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.65%. Over the past week, the stock has fallen by 4.25%, and it has significantly underperformed the benchmark Sensex, which has only decreased by 1.22%. The company's weak long-term fundamentals are highlighted by a low Return on Capital Employed (ROCE) of 7.71% and a high Debt to EBITDA ratio of 3.75 times. Additionally, the company has reported negative results for the last eight consecutive quarters, with a substantial drop in profits, further contributing to investor concerns.
Broader market context indicates that while the Sensex has shown a slight decline of 1.22% over the past week, Kirloskar Electric's performance has been notably worse, with a 4.25% drop in the same period. The stock's year-to-date performance is particularly alarming, showing a decline of 26.71%, compared to the Sensex's gain of 3.90%. The lack of investor participation, as evidenced by a 22.38% drop in delivery volume, coupled with the absence of domestic mutual fund investment, suggests a lack of confidence in the company's prospects. Overall, the combination of poor financial performance, negative investor sentiment, and significant underperformance relative to the market has led to the stock's recent decline.