Why is Krishna Vent. falling/rising?

As of 11-Jul, Krishna Ventures Ltd is experiencing a decline in its stock price, currently at 20.15, reflecting a decrease of 0.41 or 1.99%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 3.91%. In terms of returns, the stock has shown a modest increase of 1.92% over the past week and 3.33% over the past month, but it has significantly underperformed over the longer term, with a staggering decline of 80.05% year-to-date and 56.00% over the past three years. The company's operating losses and weak long-term fundamentals, including a negative EBITDA and a poor ability to service its debt, contribute to the negative sentiment surrounding the stock. Additionally, a decrease in promoter confidence, as indicated by a 1.3% reduction in their stake, further exacerbates concerns about the company's future prospects.
In the broader market context, while Krishna Ventures Ltd has shown some short-term gains, it has still underperformed relative to the benchmark, with the Sensex declining by 1.12% over the past week. The stock's performance today has also lagged behind its sector by 2.21%. The overall market sentiment appears to be cautious, particularly given the company's poor financial metrics and the significant drop in its stock price over the past year. This combination of factors suggests that investor confidence remains low, impacting the stock's ability to recover in the near term.