Why is Eternal Ltd falling/rising?

As of 30-Jun, Eternal Ltd's stock price is currently at 264.05, reflecting an increase of 1.9, or 0.72%. The stock has shown strong performance recently, outperforming its sector by 0.46% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 3.75%, and over the past month, it has increased by 10.60%. Positive factors contributing to this rise include a healthy long-term growth rate in net sales of 78.50% and high institutional holdings at 67.92%, which suggest confidence from knowledgeable investors. However, the company faces challenges, including a high Debt to EBITDA ratio of -1.00 times and reported losses, which may raise concerns about its ability to service debt.
In the broader market context, Eternal Ltd's recent performance has outpaced the Sensex, which has only increased by 2.09% over the past week and 2.65% over the past month. Despite the stock's impressive 31.79% return over the last year, it has underperformed the benchmark year-to-date, with a decline of 5.02% compared to the Sensex's 7.00% gain. This indicates that while the stock is currently rising, it has faced significant volatility and challenges that investors should consider, particularly regarding its financial health and operational profitability.