Why is Kotyark Indust. falling/rising?

As of 11-Jul, Kotyark Industries Ltd is experiencing a decline in its stock price, currently at Rs. 236.05, reflecting a decrease of Rs. 12.4 or 4.99%. The stock has hit a new 52-week low today and has underperformed its sector by 4.55%. Over the past week, the stock has seen a significant drop of 21.05%, and its year-to-date performance shows a staggering decline of 74.60%. Despite a high dividend yield of 5.5% and positive indicators such as rising investor participation, with a delivery volume increase of 30.45%, the stock's overall performance remains weak. The company has faced a 37% decline in profits over the past year, contributing to its negative return of 74.58% in that same timeframe.
In the broader market context, while the Sensex has shown a slight increase of 0.03% over the past month, Kotyark Industries has significantly lagged behind, indicating a stark contrast in performance. The company's high debt levels and underwhelming long-term growth prospects have further exacerbated its challenges, as evidenced by its poor returns over the last three years compared to the benchmark. The stock's consistent underperformance relative to the BSE500 reinforces the notion that investors are cautious, leading to the current downward trend in its price.