Why is Kotyark Indust. falling/rising?

As of 27-Jun, Kotyark Industries Ltd is experiencing a decline in its stock price, currently at 309.80, which reflects a decrease of 6.2 points or 1.96%. The stock has underperformed significantly over the past week and month, with returns of -6.42% and -20.23%, respectively. Despite today's performance showing an outperformance against its sector by 5.98%, the stock remains lower than its 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has a high dividend yield of 4.3%, which may attract some investors, but the overall negative sentiment is reinforced by a substantial decline in profits of 37% over the past year, contributing to a staggering year-to-date return of -66.66%.
In the broader market context, the Sensex has shown resilience with a positive return of 2.09% over the past week and 3.27% over the past month, contrasting sharply with Kotyark Industries' poor performance. This divergence highlights the stock's struggles relative to the benchmark, suggesting that external market conditions are not favoring the company. While the stock has demonstrated high management efficiency and healthy long-term growth in net sales and operating profit, the significant drop in profits and the overall negative return over the past year indicate that investor confidence is waning, leading to the current price decline.