Why is Eternal Ltd falling/rising?

As of 17-Sep, Eternal Ltd's stock price is currently at 328.20, reflecting an increase of 0.9 (0.27%). The stock has been gaining for the last three days, with a total rise of 2.1% during this period. It is trading close to its 52-week high, just 1.89% away from 334.4. The stock has shown strong performance over various time frames, including a year-to-date increase of 18.06% and a remarkable 416.85% rise over the past three years. However, it has underperformed its sector today by 0.38%. Positive factors contributing to its recent movement include healthy long-term growth with net sales increasing at an annual rate of 73.31%, high institutional holdings at 68.93%, and consistent returns over the last three years. Conversely, the company faces challenges with a high Debt to EBITDA ratio and reported losses, which have raised concerns about its ability to service debt and maintain profitability.
In the broader market context, Eternal Ltd's short-term return of 1.22% over the past week is slightly lower than the Sensex's return of 1.56%. Despite this underperformance in the short term, the stock has outperformed the benchmark over the last month and year, indicating a generally favorable trend compared to the market. The liquidity of the stock is also adequate, with a delivery volume increase of 5.36% against the five-day average, suggesting rising investor participation. However, the negative operating profits and the company's reported losses could pose risks that may affect future performance, highlighting the mixed sentiment surrounding the stock's potential.