Why is Ester Industries falling/rising?

As of 10-Sep, Ester Industries Ltd is currently priced at 113.00, reflecting a decrease of 0.15, or 0.13%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 5.28% during this period. In terms of performance against benchmarks, the stock has underperformed significantly, with a year-to-date return of -25.85% compared to the Sensex's gain of 4.21%. Additionally, the stock's delivery volume has decreased by 51.91% against its five-day average, indicating falling investor participation. Despite a fair valuation and a significant increase in profits over the past year, the company's weak long-term fundamentals, including a high Debt to EBITDA ratio and negative operating profit growth, contribute to its declining stock price. In the broader market context, Ester Industries' short-term performance is notably poor, with a 1-week return of -5.12%, while the Sensex has gained 1.06% during the same period. This stark contrast highlights the stock's struggles relative to the market. The company's low participation from domestic mutual funds, which hold only 0.03% of the company, suggests a lack of confidence in its future prospects. Overall, the combination of weak financial metrics, declining investor interest, and underperformance against market benchmarks has led to the stock's recent decline.