Why is Everest Kanto falling/rising?

As of 30-Jun, Everest Kanto Cylinder Ltd's stock price is currently at 139.30, reflecting a decrease of 0.75, or 0.54%. The stock has underperformed its sector today by 1.22%. Despite this, it has shown positive short-term performance, with a 9.00% increase over the past week and a 6.30% rise over the past month. However, the stock has a year-to-date decline of 24.72%. The company maintains a low debt-to-equity ratio of 0.08, indicating financial stability, but its return on equity (ROE) of 8.5 suggests fair valuation. The stock is trading at a premium compared to its peers, and while it has generated a return of 10.69% over the past year, its profits have only risen by 1.5%, reflected in a high PEG ratio of 10.5. Additionally, the latest financial results show a significant decline in profit after tax and earnings per share, which may contribute to the stock's downward pressure.
In the broader market context, the Sensex has risen by 2.09% over the past week, indicating that Everest Kanto's short-term performance is lagging behind the benchmark. The stock's recent underperformance is further compounded by a decrease in institutional investor participation, which has fallen by 0.63% in the last quarter. This decline in institutional interest may signal a lack of confidence in the company's fundamentals compared to its peers, potentially influencing retail investor sentiment negatively. Overall, while the stock has shown some positive movements in the short term, the combination of flat financial results and reduced institutional support appears to be driving the recent decline in its price.