Why is Everest Kanto falling/rising?

As of 22-Jul, Everest Kanto Cylinder Ltd is experiencing a decline in its stock price, currently at 136.45, reflecting a decrease of 0.5 or 0.37%. The stock has underperformed its sector today by 0.93%, and while it is trading above its 50-day and 100-day moving averages, it is below the 5-day, 20-day, and 200-day moving averages. Over the past week, the stock has dropped by 2.40%, contrasting with a modest increase of 5.69% over the past month. Despite a slight profit increase of 1.5% over the past year, the stock has generated a negative return of 8.76%, indicating a challenging performance. Additionally, institutional investor participation has decreased, with a 0.63% reduction in their stake, which may contribute to the stock's downward pressure.
In the broader market context, the Sensex has shown a decline of only 0.47% over the past week, suggesting that Everest Kanto's short-term performance is significantly worse than the benchmark. The stock's consistent underperformance against the benchmark over the last three years, coupled with a flat PAT growth and a decrease in institutional investor interest, further highlights the challenges it faces. The company's relatively high PEG ratio of 10.3 and premium trading compared to peers may also deter potential investors, contributing to the stock's current downward trend.