Why is Eureka Industrie falling/rising?

As of 03-Jul, Eureka Industries Ltd is experiencing a decline in its stock price, currently at 10.21, which reflects a decrease of 0.53 or 4.93%. The stock has underperformed its sector today by 5.23%, and its delivery volume has significantly dropped by 84.33% against the 5-day average, indicating falling investor participation. Despite a remarkable year-to-date return of 35.50% and an impressive 266.56% increase over the past year, the stock's recent performance has been overshadowed by its negative book value and weak long-term fundamental strength, which raises concerns among investors. The company has reported strong growth in net sales and profits over the past quarters, but its high debt to EBITDA ratio and poor long-term growth prospects contribute to its current price decline.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -7.18% compared to the Sensex's -0.62%. While Eureka Industries has outperformed the market over the longer term, the recent downturn suggests that investors are reacting to the company's financial vulnerabilities despite its past successes. The combination of declining investor interest and concerns over its financial health may be driving the stock's current downward trajectory, contrasting sharply with its previous strong performance.