Why is Everest Kanto falling/rising?

As of 06-Nov, Everest Kanto Cylinder Ltd is experiencing a decline in its stock price, currently at 139.80, which reflects a decrease of 1.75 or 1.24%. The stock has been on a downward trend, losing value for the last five consecutive days, resulting in a total decline of 6.21% during this period. Although the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. The stock's performance over the past week shows a loss of 4.57%, while it has underperformed significantly over the year with a decline of 27.66%. Despite these challenges, the company maintains a low debt-to-equity ratio and has shown healthy long-term growth in operating profit, which has increased at an annual rate of 27.20%.
In the broader market context, the Sensex has decreased by 1.30% over the past week, indicating that the stock's short-term decline is more pronounced than the benchmark. The company's recent performance metrics, such as a rise in net sales and a healthy dividend payout, suggest potential for recovery; however, the stock's significant year-to-date decline of 24.45% compared to the Sensex's gain of 6.62% highlights the challenges it faces. The rising investor participation, as evidenced by an increase in delivery volume, may provide some support, but overall, the stock's current trajectory remains negative amid broader market conditions.