Why is Everest Kanto falling/rising?

As of 01-Jul, Everest Kanto Cylinder Ltd is currently priced at 139.35, reflecting a slight increase of 0.05 (0.04%). The stock has outperformed its sector today by 0.58%, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Over the past week, the stock has shown a return of +6.95%, while its performance over the past month is +6.33%. Despite these positive short-term movements, the stock has experienced a significant decline of -24.70% year-to-date. The company has a low Debt to Equity ratio and a fair valuation indicated by a Price to Book Value of 1.3, but it is trading at a premium compared to its peers. Recent financial results show a concerning trend, with a -32.09% growth in PAT over the last six months and a decrease in institutional investor participation, which could signal a lack of confidence among larger investors.
In the broader market context, Everest Kanto's short-term performance of +6.95% over the past week significantly outpaces the Sensex's return of +2.00% during the same period. However, the stock's year-to-date performance of -24.70% starkly contrasts with the Sensex's gain of +7.11%, indicating that while the stock may be experiencing a temporary uptick, it is still underperforming in the longer term. The decline in institutional investor stakes and the flat results in recent quarters may contribute to a cautious outlook, despite the stock's recent positive movements.