Why is Everest Kanto falling/rising?

As of 17-Sep, Everest Kanto Cylinder Ltd is currently priced at 141.05, reflecting an increase of 0.35 or 0.25%. The stock has shown mixed performance recently, with a slight outperformance of its sector by 0.31% today. However, it has underperformed the broader market over the past week, month, and year, with returns of +0.07%, -7.54%, and -32.15%, respectively. The stock is trading above its short-term moving averages but below its long-term 200-day moving average. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 27.12% compared to the 5-day average. Despite a low debt-to-equity ratio and healthy long-term growth in operating profit, the stock's performance has been hindered by a lack of domestic mutual fund investment, which may indicate a lack of confidence at current price levels.
In the broader market context, the Sensex has outperformed Everest Kanto, returning +1.56% over the past week and +2.60% over the past month. This contrast highlights the stock's struggle to keep pace with market trends, particularly given its significant decline of -32.15% over the past year compared to the BSE500's negative return of -2.63%. While the company's profits have increased and it maintains a fair valuation, the overall sentiment appears to be weighed down by its historical underperformance and the absence of institutional support, which could be contributing to the stock's recent price movements.