Why is Eternal Ltd falling/rising?

As of 04-Jul, Eternal Ltd's stock price is currently at 261.25, reflecting an increase of 0.55, or 0.21%. The stock has been gaining for the last two days, with a total return of 0.56% during this period. However, it has underperformed its sector by 0.5%. In terms of longer-term performance, the stock has shown a positive trend with a 1-month return of 6.42% and a 1-year return of 26.03%, significantly outperforming the BSE500 in recent years. Despite these positive returns, the company faces challenges, including a high Debt to EBITDA ratio and reported losses, which contribute to a perception of risk among investors.
Broader market context indicates that while Eternal Ltd has performed better than the benchmark in the long term, it has underperformed in the short term, with a 1-week return of -0.34% compared to the Sensex's -0.74%. The stock's liquidity remains adequate, but a significant drop in delivery volume by 46.71% against the 5-day average suggests decreasing investor participation. This decline in participation, combined with the company's financial difficulties and high institutional holdings, may create a cautious outlook among investors, impacting the stock's price movement.