Why is Kotyark Indust. falling/rising?

As of 14-Jul, Kotyark Industries Ltd is experiencing a decline in its stock price, currently at Rs. 224.25, which reflects a decrease of Rs. 11.8 or 5.0%. The stock has hit a new 52-week low today and has underperformed its sector by 4.54%. Over the past week, the stock has seen a significant drop of 21.05%, and its year-to-date return stands at a staggering -75.87%. Despite a high dividend yield of 5.79%, the stock's performance has been negatively impacted by falling investor participation, with delivery volume decreasing by 77.47% compared to the 5-day average. Additionally, the stock is trading below its moving averages across multiple time frames, indicating a bearish trend. While the company has shown high management efficiency and healthy long-term growth in net sales and operating profit, the substantial decline in profits by 37% over the past year and its high debt levels have contributed to the stock's poor performance.
In the broader market context, Kotyark Industries Ltd's recent performance contrasts sharply with the Sensex, which has gained 6.08% year-to-date. The stock's short-term return of -21.05% over the past week is significantly worse than the Sensex's decline of only 1.49% during the same period. This underperformance highlights the challenges faced by Kotyark Industries Ltd, as it has consistently lagged behind the benchmark indices over various time frames, including a -75.65% return over the past year compared to the Sensex's modest gain of 2.37%. The combination of high debt, flat results, and below-par performance in both the near and long term has led to a lack of investor confidence, further exacerbating the stock's decline.