Why is Ethos Ltd falling/rising?

As of 24-Jul, Ethos Ltd's stock price is currently at 2,849.90, reflecting a decrease of 26.4 points or 0.92%. The stock has been underperforming, having lost 2.69% over the last two days and showing a performance today that is 0.29% lower than its sector. Despite a positive one-month return of 5.87%, the stock has declined by 8.12% over the past year. The delivery volume has also seen a significant drop of 57.51% compared to the five-day average, indicating falling investor participation. However, the company maintains a strong financial position with a low Debt to EBITDA ratio of 0.55 times and healthy long-term growth metrics, such as a 29.43% annual growth rate in net sales and a 53.34% increase in operating profit. Additionally, institutional holdings have risen by 1.22% over the previous quarter, suggesting confidence from larger investors.
In the broader market context, Ethos Ltd's recent performance contrasts with the Sensex, which has shown a slight decline of 0.09% over the past week. While the stock has outperformed the benchmark in the short term with a 0.70% gain over the past week, its year-to-date return of 1.99% lags behind the Sensex's 5.18%. This discrepancy may contribute to the stock's current downward movement, as investors might be reacting to the recent underperformance and declining trading volumes, despite the company's solid fundamentals and growth potential.