Why is Everest Kanto falling/rising?

As of 21-Jul, Everest Kanto Cylinder Ltd is currently priced at 136.95, reflecting a slight increase of 0.2 (0.15%). The stock has shown a performance today that outperformed its sector by 0.92% and has gained after two consecutive days of decline. In terms of returns, the stock has increased by 0.18% over the past week and 6.08% over the past month, contrasting with a decline of 25.99% year-to-date. Despite these short-term gains, the stock has a low return on equity of 8.5% and a high PEG ratio of 10.3, indicating that while profits have risen by 1.5% over the past year, the stock is trading at a premium compared to its peers. Additionally, the company has experienced a significant drop in institutional investor participation, which has decreased by 0.63% over the previous quarter.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week and a 0.25% drop over the past month, while Everest Kanto has managed to outperform the benchmark in these periods. However, the stock has consistently underperformed against the benchmark over the last three years, generating a return of -4.56% in the last year compared to the Sensex's 1.98% increase. This persistent underperformance, coupled with falling participation from institutional investors, suggests that while there may be short-term gains, the long-term outlook remains challenging for Everest Kanto Cylinder Ltd.