Why is Eternal Ltd falling/rising?

As of 16-Jul, Eternal Ltd's stock price is currently at 262.30, reflecting a decrease of 4.2 points or 1.58%. The stock has underperformed its sector today by 2.05% and has experienced a consecutive decline over the past two days, resulting in a total drop of 3.12%. Despite a positive long-term growth trajectory, with net sales increasing at an annual rate of 78.50% and a strong return of 20.63% over the past year, the company is facing challenges. High institutional holdings at 67.92% indicate confidence from larger investors, but the company’s high Debt to EBITDA ratio of -1.00 times and reported losses have raised concerns about its ability to service debt, contributing to the stock's recent decline.
In the broader market context, Eternal Ltd's short-term performance over the past week shows a decline of 0.83%, while the benchmark Sensex has fallen by 1.08%, indicating that the stock is performing slightly better than the market overall. However, the year-to-date performance reveals a significant underperformance, with Eternal Ltd down 5.65% compared to the Sensex's gain of 5.75%. This contrast highlights the stock's volatility and the impact of its recent negative financial results, including a substantial drop in profit after tax and low debtor turnover ratio, which may be influencing investor sentiment and contributing to the stock's downward movement.