Why is Eternal Ltd falling/rising?

As of 11-Sep, Eternal Ltd's stock price is currently at Rs 328.05, reflecting an increase of Rs 3.8 or 1.17%. The stock has shown a positive trend today, having outperformed its sector by 1.51% and is close to its 52-week high, just 1.94% away from Rs 334.4. Over the past week, the stock has gained 0.47%, and it has delivered a remarkable 20.74% return over the past year, significantly outperforming the BSE500 index. However, despite these positive indicators, the company faces challenges such as a high Debt to EBITDA ratio of -1.00 times and reported losses, which contribute to a negative outlook regarding its ability to service debt.
Broader market context shows that while Eternal Ltd has performed well in the long term, with a 3-year return of 422.79%, its short-term performance has been less favorable compared to the benchmark, which has risen by 1.03% over the past week. The stock's recent gains come after two consecutive days of decline, indicating a potential trend reversal. However, a notable decrease in investor participation, with a 34.58% drop in delivery volume, raises concerns about liquidity and market confidence. Overall, while the stock is currently rising, the underlying financial issues and market dynamics suggest a complex situation for investors.