Why is Kshitij Polyline falling/rising?

As of 24-Sep, Kshitij Polyline Ltd's stock price is currently at 3.03, reflecting a decrease of 0.04 or 1.3%. The stock has underperformed its sector today by 1.23%, and it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, investor participation has declined, with a delivery volume of 1.1 lacs on 23 September, which is down by 12.52% compared to the 5-day average. The company has shown weak long-term fundamental strength, with a return on capital employed (ROCE) of 0% and negative growth in net sales and operating profit over the last five years. Furthermore, the company has reported negative results for the last four consecutive quarters, contributing to a significant decline in stock performance, with a 52.06% drop over the past year.
In the broader market context, Kshitij Polyline's short-term performance has been worse than the benchmark, as it has declined by 1.30% over the past week while the Sensex has only decreased by 1.08%. The stock's long-term performance is also concerning, with a staggering 86.91% decline over the past three years compared to a 44.61% gain in the benchmark. This consistent underperformance, coupled with a high debt-to-EBITDA ratio and negative EBITDA, indicates significant financial instability, making the stock a risky investment. Overall, the combination of weak fundamentals, declining investor interest, and poor relative performance against the benchmark contributes to the stock's downward movement.