Why is Kshitij Polyline falling/rising?

As of 22-Sep, Kshitij Polyline Ltd is experiencing a decline in its stock price, currently at 3.05, reflecting a decrease of 0.03 or 0.97%. The stock has underperformed its sector today by 0.27%, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has decreased by 0.65%, and it has shown a significant decline of 35.92% year-to-date. The company has also reported negative results for the last four consecutive quarters, with a negative return on capital employed (ROCE) and a high debt-to-EBITDA ratio, indicating weak long-term fundamental strength.
In the broader market context, Kshitij Polyline's performance contrasts sharply with the benchmark, as the Sensex has gained 0.53% over the past week and 1.34% over the last month. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -54.34% in the past year compared to a -2.28% decline in the Sensex. This persistent underperformance, coupled with falling investor participation and liquidity concerns, suggests that the market sentiment towards Kshitij Polyline remains negative, contributing to its current price decline.