Why is Eternal Ltd falling/rising?

As of 30-Jul, Eternal Ltd's stock price is currently at 303.60, reflecting a decrease of 2.85, or 0.93%. The stock has been underperforming recently, having fallen for the last four consecutive days, resulting in a total decline of 2.82% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 33.63% return over the past year and a remarkable 548.03% increase over the last three years. However, the company is facing challenges, including a high Debt to EBITDA ratio and negative operating profits, which have contributed to its recent price decline. Additionally, the stock's delivery volume has significantly decreased, indicating falling investor participation.
In the broader market context, Eternal Ltd's short-term performance contrasts with the Sensex, which has declined by 1.50% over the past week. While the stock has outperformed the benchmark in the longer term, the recent negative results, including a substantial drop in profit before tax and a low debt servicing capability, have raised concerns among investors. The stock's liquidity remains adequate for trading, but the combination of declining investor interest and negative financial indicators has led to its current price drop, despite its historical growth and high institutional holdings.