Why is Krypton Industri falling/rising?

As of 29-Jul, Krypton Industries Ltd is experiencing a decline in its stock price, currently at 53.38, reflecting a decrease of 3.52 or 6.19%. Today's price summary indicates that the stock has underperformed its sector by 7.21% and has fallen after two consecutive days of gains. It opened with a loss of 4.31% and reached an intraday low of Rs 52.67, indicating significant selling pressure. Over the past week, the stock has decreased by 1.24%, while its one-month performance shows a positive return of 17.40%. However, the stock's year-to-date return is notably negative at -28.70%. The company has a return on capital employed (ROCE) of 7.5, which is considered attractive, yet its profits have plummeted by 89% over the past year, contributing to the stock's downward trend.
In the broader market context, the Sensex has decreased by 1.03% over the past week, indicating that while Krypton Industries is also declining, it is underperforming relative to the benchmark. The stock's long-term fundamentals are weak, with a poor growth rate in net sales and a high debt-equity ratio, which raises concerns about its financial stability. Despite trading at a discount compared to its peers, the overall negative sentiment surrounding the company's ability to service its debt and generate sustainable profits is likely influencing investor behavior, leading to the current decline in stock price.