Why is Eternal Ltd falling/rising?

As of 04-Aug, Eternal Ltd's stock price is currently at 305.10, reflecting a slight increase of 0.35 (0.11%). The stock has shown a mixed performance recently, with a 1-week decline of 0.68% while experiencing a significant 16.78% increase over the past month. It is currently 3.05% away from its 52-week high of Rs 314.4. However, the stock has underperformed its sector by 1.51% today, and there has been a notable decrease in investor participation, with delivery volume falling by 28.86% compared to the 5-day average. Despite these challenges, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 73.31% and high institutional holdings at 68.93%, which have risen by 1.01% over the previous quarter. Nonetheless, the company faces significant risks, including a high Debt to EBITDA ratio of -1.00 times and reported losses, which may dampen investor confidence.
In the broader market context, Eternal Ltd's recent performance contrasts with the Sensex, which has increased by 0.16% over the past week. While the stock has outperformed the benchmark over longer periods, such as a 16.25% return over the past year compared to the Sensex's 0.05%, the recent decline in short-term performance and negative operating profits may raise concerns among investors. The stock's liquidity remains adequate for trading, but the combination of falling investor participation and negative financial indicators could contribute to a cautious outlook in the near term.