Why is Kshitij Polyline falling/rising?

As of 23-Sep, Kshitij Polyline Ltd's stock price is currently at 3.07, reflecting an increase of 0.02 or 0.66%. Despite this slight uptick today, the stock has shown a negative performance over the past week, down 0.65%, and has significantly underperformed over the past month and year, with declines of 2.23% and 51.58%, respectively. The stock is trading below its moving averages across all time frames, indicating a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 20.16% compared to the five-day average, suggesting some interest from investors despite the overall negative sentiment. The company has faced substantial challenges, including a weak long-term fundamental strength characterized by a return on capital employed (ROCE) of 0% and negative growth in net sales and operating profit over the last five years.
In the broader market context, Kshitij Polyline's performance has lagged behind the benchmark, with the Sensex showing a positive return of 1.20% over the past month, while Kshitij Polyline has declined by 2.23%. This consistent underperformance against the benchmark and the BSE500 over the last three years highlights the stock's ongoing struggles. The company's negative financial results over the last four quarters, including a significant drop in profits and a high debt-to-EBITDA ratio, further contribute to the stock's risk profile, making it a strong sell. Overall, while there is a minor positive movement today, the underlying fundamentals and market conditions suggest a continued downward trend for Kshitij Polyline.