Why is Kisan Mouldings falling/rising?

As of 23-Jun, Kisan Mouldings Ltd is experiencing a slight increase in its stock price, currently at 39.93, with a change of 0.13 (0.33%) upward. The stock has shown a positive performance today, outperforming its sector by 0.93%, and has been gaining for the last three days, resulting in a total return of 5.69% during this period. However, the stock has underperformed in the longer term, with a year-to-date decline of 27.51% and a one-year drop of 43.56%. Despite these negative trends, there are positive indicators such as a higher profit after tax of Rs 0.89 crore and net sales reaching Rs 83.30 crore in the latest quarter. Additionally, promoter confidence has increased, with a 4.02% rise in their stake, suggesting optimism about the company's future.
In the broader market context, Kisan Mouldings has significantly lagged behind the benchmark, with the Sensex showing a modest gain of 4.81% year-to-date, while Kisan Mouldings has faced a substantial decline. The stock's performance over the past year has been particularly poor, generating a return of -43.56%, contrasting sharply with the market's positive returns. This underperformance, combined with weak long-term fundamentals and a high debt-to-EBITDA ratio, raises concerns about the company's ability to sustain growth, despite recent positive developments in sales and promoter confidence.