Why is Everest Kanto falling/rising?

As of 21-Aug, Everest Kanto Cylinder Ltd is experiencing a slight increase in its stock price, currently at 142.85, reflecting a change of 0.65 or 0.46% upward. Despite this minor uptick, the stock has underperformed its sector by 0.66% today and has shown a trend reversal after three consecutive days of decline. Over the past week, the stock has dropped by 6.36%, while it has gained 4.31% over the past month. However, the stock's year-to-date performance remains poor at -22.80%, and it has underperformed the market significantly over the last year with a return of -24.60%. The company has a low debt-to-equity ratio of 0.08, indicating financial stability, and its operating profit has grown at an annual rate of 27.20%. However, the lack of domestic mutual fund investment, which stands at 0%, raises concerns about investor confidence in the stock's valuation.
Broader Market Context: In comparison to the benchmark, the Sensex has shown a positive return of 1.74% over the past week, while Everest Kanto's performance has been notably negative. This stark contrast highlights the stock's struggle to attract investor interest, particularly given its significant underperformance relative to the broader market over the past year. The overall market has generated negative returns of -1.56%, yet Everest Kanto's decline has been much steeper, suggesting that broader market trends are not favoring this stock. The falling investor participation, evidenced by a 70.95% drop in delivery volume, further indicates a lack of confidence, which could be contributing to the stock's recent price movements.