Why is Kotyark Indust. falling/rising?

As of 08-Oct, Kotyark Industries Ltd is experiencing a decline in its stock price, currently at 293.15, reflecting a decrease of 3.05 or 1.03%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 54.7% against the 5-day average. Over the past week, the stock has decreased by 3.89%, and year-to-date, it has plummeted by 68.45%, while its profits have also fallen by 37%. Despite high management efficiency and attractive long-term growth metrics, these negative trends have contributed to the stock's recent downward movement.
In the broader market context, the Sensex has shown resilience, gaining 0.84% over the past week and 5.93% year-to-date, contrasting sharply with Kotyark Industries' poor performance. This divergence highlights the stock's struggles relative to the overall market. While the company has demonstrated strong growth in net sales and operating profit, the significant decline in stock price and investor interest suggests that market sentiment is currently unfavorable, overshadowing its positive financial indicators.