Why is Kritika Wires falling/rising?

As of 06-Nov, Kritika Wires Ltd is experiencing a decline in its stock price, currently at 8.14, which reflects a decrease of 0.25 or 2.98%. The stock has underperformed its sector by 1.47% today, and it is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 3.21%, and it has seen a significant decline of 39.30% over the past year. Additionally, the company's delivery volume has decreased by 28.85% compared to the 5-day average, suggesting a reduction in investor participation. While the stock is trading at a discount compared to its peers, its profitability has been weak, with a return on capital employed of only 0.5% and a notable decline in profits by 18.1% over the past year.
In the broader market context, the Sensex has shown a positive return of 7.89% year-to-date, contrasting sharply with Kritika Wires' year-to-date decline of 28.66%. This underperformance is further highlighted by the stock's negative returns over various periods, including a 1-month decline of 8.44% compared to the Sensex's gain of 1.72%. The company's weak long-term fundamentals, characterized by a high debt-to-EBITDA ratio and a -3.10% CAGR growth in operating profits over the last five years, contribute to the negative sentiment surrounding the stock. Overall, the combination of poor financial performance and unfavorable market conditions has led to the stock's current downward trajectory.