Why is Kshitij Polyline falling/rising?

As of 05-Sep, Kshitij Polyline Ltd is experiencing a decline in its stock price, currently at 3.10, reflecting a decrease of 0.02 or 0.64%. The stock has underperformed its sector by 0.81% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.52%, and it has shown a significant year-to-date decline of 34.87%. 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 has a weak long-term fundamental strength, indicated by an average Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio, which further contributes to the stock's downward movement.
In the broader market context, Kshitij Polyline's performance has been notably weaker compared to the benchmark, with the Sensex gaining 1.29% over the past week while Kshitij Polyline fell by 2.52%. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -45.52% in the past year compared to a slight decline of 1.61% for the Sensex. Despite a rise in investor participation, as indicated by a 45.11% increase in delivery volume, the overall negative financial indicators and consistent underperformance against the market suggest a challenging outlook for Kshitij Polyline Ltd.