Why is Everest Kanto falling/rising?

As of 15-Sep, Everest Kanto Cylinder Ltd's stock price is currently at Rs 142.05, reflecting an increase of Rs 3.95 or 2.86%. The stock has shown a positive trend today, outperforming its sector by 2.33% and reversing a two-day decline. It reached an intraday high of Rs 143.5, indicating strong performance within the day. Despite a one-month decline of 6.88%, the stock has performed well over the last three years with a return of 15.39%. The company benefits from a low debt-to-equity ratio of 0.08 and has demonstrated healthy long-term growth, with operating profits increasing at an annual rate of 27.20%. However, it has underperformed in the past year, with a significant decline of 29.21%, despite a rise in profits by 8.2%.
Broader market context shows that while Everest Kanto's stock has risen today, it has lagged behind the benchmark Sensex over the past month, which has gained 1.47%. The stock's performance over the last year is notably weaker than the broader market, which has seen a decline of only 1.33%. The lack of investment from domestic mutual funds, holding 0% of the company, may indicate a lack of confidence in its valuation or business prospects. Despite the recent uptick, the stock's overall trajectory suggests ongoing concerns among investors, particularly given its substantial underperformance relative to the market.