Why is Borosil Renew. falling/rising?

As of 23-Sep, Borosil Renewables Ltd is experiencing a decline in its stock price, currently at Rs 602.70, which reflects a decrease of Rs 17.5 or 2.82%. Today's performance indicates that the stock has underperformed its sector by 5.74% and has fallen after two consecutive days of gains, reaching an intraday low of Rs 600.05. Despite a strong year-to-date return of 8.44% and a notable 21.39% increase over the past year, the company faces challenges such as weak long-term fundamental strength, highlighted by a -193.46% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 2.73 times. Additionally, domestic mutual funds hold only a small stake of 0.95%, suggesting a lack of confidence in the stock's valuation or business prospects.
In the broader market context, Borosil Renewables has outperformed the Sensex in the short term, with a 5.18% return over the past week compared to a slight decline of 0.34% for the benchmark. However, the overall market has faced negative returns, with the BSE500 down by 4.69% in the last year, while Borosil has managed to generate positive returns. This contrast indicates that while the stock has shown resilience, the recent price drop may be influenced by its underlying financial weaknesses and market sentiment, which could be affecting investor confidence despite its recent performance metrics.