Why is Konark Synth falling/rising?

As of 11-Jul, Konark Synthetic Ltd is currently priced at 31.99, reflecting a decrease of 0.04 or 0.12%. The stock has outperformed its sector today by 1.4%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a strong performance over the past year with a return of 52.77%, the company has faced significant challenges, including a drastic profit decline of 179%. The stock is trading at a discount compared to its peers, but it also exhibits weak long-term fundamentals, highlighted by an operating loss and a high Debt to EBITDA ratio of -1.00 times, which may contribute to the current downward price movement.
In the broader market context, the stock's short-term performance has been relatively stable, with a 1-week return of -0.34%, compared to a more significant decline of 1.12% in the Sensex. While Konark Synthetic has shown strong long-term returns, the recent drop in investor participation, evidenced by a 73.12% decrease in delivery volume, suggests a lack of confidence among investors. This, combined with the company's operational challenges and weak profitability metrics, indicates that despite past successes, the current market sentiment is leaning towards caution, contributing to the stock's recent decline.