Why is Everest Kanto falling/rising?

As of 10-Jul, Everest Kanto Cylinder Ltd is currently priced at 138.20, reflecting a decline of 2.3, or 1.64%. The stock has underperformed its sector by 1.33% today and has experienced consecutive losses over the last two days, totaling a drop of 3.46%. Despite being above the 20-day, 50-day, and 100-day moving averages, it is below the 5-day and 200-day moving averages. The stock's performance over the past year shows a decline of 5.76%, while profits have only increased by 1.5%. Additionally, the company has seen a decrease in institutional investor participation, which may contribute to the stock's downward pressure.
In the broader market context, the stock has shown a slight increase of 0.77% over the past week, while the benchmark Sensex has remained relatively flat with a change of -0.06%. However, the stock's year-to-date performance is significantly worse, with a decline of 25.32% compared to the Sensex's gain of 6.46%. This consistent underperformance against the benchmark over the last three years, coupled with a decrease in institutional investor stakes, suggests a lack of confidence in the stock's future prospects, contributing to its current decline.