Why is Kshitij Polyline falling/rising?

As of 04-Sep, Kshitij Polyline Ltd's stock price is currently at 3.12, reflecting a decrease of 0.01 or 0.32%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 12.76% against the 5-day average, the stock has shown significant underperformance, with a year-to-date decline of 34.45% and a staggering 79.73% drop over the last three years. The company has reported negative results for the last four consecutive quarters, with net sales and profit after tax both declining by 40.75%. Additionally, the company's weak long-term fundamentals, including a return on capital employed of 0% and a high debt to EBITDA ratio, contribute to its negative outlook.
In the broader market context, Kshitij Polyline's performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 4.61% year-to-date. Over the past week, while the stock has decreased by 1.27%, the Sensex has increased by 0.95%. This consistent underperformance against the benchmark highlights the stock's struggles in a generally positive market environment. The overall liquidity of the stock remains adequate for trading, but the persistent negative financial indicators and lack of institutional support suggest that investor sentiment is likely to remain cautious.