Why is Everest Kanto falling/rising?

As of 18-Sep, Everest Kanto Cylinder Ltd is experiencing a decline in its stock price, currently at 140.30, which reflects a decrease of 0.75 or 0.53%. The stock has underperformed in the short term, with a 1-week return of -0.04% compared to the Sensex's gain of +1.80%. Additionally, the stock's performance over the past month shows a decline of 2.81%, while the Sensex has increased by 2.14%. Today's price summary indicates that the stock outperformed its sector by 0.25%, but it is trading below its 5-day, 20-day, and 200-day moving averages, despite being above the 50-day and 100-day averages. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 32.38% against the 5-day average, which may indicate waning interest among investors.
In the broader market context, Everest Kanto has significantly underperformed the market over the past year, with a return of -31.49% compared to the BSE500's decline of only -1.96%. This stark contrast suggests that investor sentiment towards the company is weak, possibly influenced by the fact that domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation or business prospects. Despite some positive indicators such as a low debt-to-equity ratio and healthy long-term growth in operating profit, the overall negative sentiment and underperformance relative to the market are likely contributing to the stock's current decline.