Why is Everest Kanto falling/rising?

As of 27-Jun, Everest Kanto Cylinder Ltd is experiencing a price increase, currently at Rs 140.05, which reflects a rise of Rs 4.55 or 3.36%. The stock has outperformed its sector by 3.48% today, reaching an intraday high of Rs 142.5, which is a 5.17% increase. Over the past week, the stock has shown a return of +8.48%, while its one-month return stands at +5.06%. However, despite these positive movements, there are concerns as the stock's delivery volume has decreased by 11.71% compared to the five-day average, indicating falling investor participation. Additionally, while the company has a low debt-to-equity ratio and a fair valuation, its recent financial performance has been mixed, with a significant decline in profit after tax and a low earnings per share.
In the broader market context, the stock's short-term performance is notably stronger than the benchmark Sensex, which has only increased by 2.00% over the same week. However, the year-to-date performance of Everest Kanto is concerning, with a decline of 24.32% compared to the Sensex's gain of 7.58%. The decrease in institutional investor participation, with a 0.63% reduction in their stake, further complicates the outlook for the stock, as these investors typically have more resources to assess the company's fundamentals. Overall, while the stock is currently rising, the underlying financial challenges and reduced institutional interest may pose risks to its future performance.