Why is Krishna Vent. falling/rising?

As of 10-Jun, Krishna Ventures Ltd is experiencing a decline in its stock price, currently at Rs. 18.68, which reflects a decrease of Rs. 0.82 or 4.21%. The stock has hit a new 52-week low of Rs. 18.53 today and has been on a consecutive downward trend for the last 13 days, resulting in a significant drop of 34.73% during this period. Over the past week, the stock has underperformed the sector by 6.09%, and its performance over the last year shows a staggering decline of 78.63%. The company's fundamentals are weak, with operating losses and a poor ability to service debt, as indicated by a negative EBIT to interest ratio. Additionally, the promoters have reduced their stake in the company, which may signal a lack of confidence in its future prospects.
In the broader market context, the Sensex has shown a positive return of 2.05% over the past week, contrasting sharply with Krishna Ventures Ltd's decline of 18.61% during the same period. This underperformance is indicative of the stock's weak position relative to the market. The company's technical indicators are also bearish, with it trading below all key moving averages, further reflecting its negative momentum. Overall, the combination of poor financial performance, declining investor participation, and reduced promoter confidence has contributed to the stock's downward trajectory.