Why is Kritika Wires falling/rising?

As of 01-Oct, Kritika Wires Ltd is currently priced at 8.66, reflecting an increase of 0.2 or 2.36%. Despite this positive movement today, the stock has experienced a significant decline over the past year, with a return of -51.16%. In today's trading, Kritika Wires outperformed its sector by 1.9%, although it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has seen a rise in investor participation, with a delivery volume increase of 10.48% compared to the 5-day average. However, the company has a weak long-term fundamental strength, indicated by a -10.67% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.43 times, which suggests low profitability and ability to service debt.
In the broader market context, Kritika Wires has underperformed the benchmark Sensex, which has gained 5.04% year-to-date, while Kritika Wires has dropped by 24.10% in the same period. The stock's performance over the past week shows a decline of 5.04%, contrasting with the Sensex's minor drop of 0.88%. This underperformance is compounded by the company's flat results in recent quarters, including a -24.26% growth in PAT for the last nine months and an EPS of just Rs 0.05, further indicating challenges in maintaining investor confidence and market position.