Why is Everest Kanto falling/rising?

As of 25-Aug, Everest Kanto Cylinder Ltd is experiencing a decline in its stock price, currently at Rs 141.40, which reflects a decrease of Rs 3.45 or 2.38%. The stock has underperformed its sector by 1.22% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 140.85, indicating a downward trend. Over the past week, the stock has decreased by 2.04%, while its performance over the past month shows a positive return of 8.89%. Despite a healthy long-term growth rate in operating profit and positive financial results, the stock has generated a return of -24.47% over the past year, which may contribute to investor hesitance. Additionally, the stock is trading at a premium compared to its peers, which could affect its attractiveness to investors.
In the broader market context, the Sensex has shown a slight increase of 0.45% over the past week, contrasting with Everest Kanto's decline. The stock's falling investor participation, with a significant drop in delivery volume of 75.52% against the 5-day average, suggests reduced interest from investors, which could further pressure the stock price. While the company maintains a low debt-to-equity ratio and has shown growth in net sales and profit before tax, the overall negative sentiment reflected in the stock's year-to-date performance, which is down 23.59% compared to the Sensex's gain of 4.48%, indicates that broader market conditions may not be favorable for the stock at this time.