Why is Everest Kanto falling/rising?

As of 04-Jul, Everest Kanto Cylinder Ltd is experiencing a decline in its stock price, currently at 136.70, which reflects a decrease of 0.45 or 0.33%. The stock has been losing value for the last three days, resulting in a total drop of 1.9% during this period. Despite being above the 20-day, 50-day, and 100-day moving averages, it is below the 5-day and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 66.65% compared to the 5-day average. Over the past year, the stock has underperformed with a return of -3.39%, while profits have only risen by 1.5%. The company has a low debt-to-equity ratio and a fair valuation, but it is trading at a premium compared to its peers.
In the broader market context, the stock's short-term performance of -2.39% over the past week contrasts with the Sensex, which has only declined by 0.74%. This consistent underperformance against the benchmark over the last three years, coupled with a decrease in institutional investor participation, indicates a lack of confidence among larger investors. The recent flat results and significant declines in key financial metrics, such as PAT and PBT, further contribute to the negative sentiment surrounding the stock. Overall, these factors suggest that the stock's recent decline is influenced by both internal financial challenges and external market dynamics.