Why is Kshitij Polyline falling/rising?

As of 08-Sep, Kshitij Polyline Ltd is experiencing a slight increase in its stock price, currently at 3.11, with a change of 0.01, representing a 0.32% rise. Despite this minor uptick, the stock has shown a concerning trend over various periods, with a 1-week return of -0.96% and a 1-month return of -3.72%. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, while there has been a rise in investor participation, with a delivery volume increase of 24.55% against the 5-day average, the company faces significant challenges, including a weak long-term fundamental strength characterized by a 0% Return on Capital Employed (ROCE) and negative growth in net sales and operating profit over the last five years. The company has also reported negative results for the last four consecutive quarters, further contributing to its underperformance.
In the broader market context, Kshitij Polyline's performance has lagged significantly behind the benchmark, with a year-to-date decline of -34.66% compared to a 4.77% increase in the Sensex. This consistent underperformance is evident over the last three years, where the stock has generated -80.17% returns, contrasting sharply with the benchmark's positive performance. The stock's high Debt to EBITDA ratio and negative EBITDA further exacerbate its risk profile, making it a risky investment compared to historical valuations. Overall, while there is a slight rise in the stock price today, the underlying fundamentals and broader market performance suggest a challenging outlook for Kshitij Polyline Ltd.