Why is Gulshan Polyols falling/rising?

As of 26-Aug, Gulshan Polyols Ltd is experiencing a decline in its stock price, currently at 164.10, which represents a decrease of 2.3 or 1.38%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a positive performance today, where it outperformed its sector by 0.49%, the stock has shown a negative return of -1.97% over the past week and -3.70% over the past month. While the company reported positive results in its latest quarter, including significant growth in profit before tax and net sales, it faces challenges such as a high Debt to EBITDA ratio of 4.85 times and a low return on equity of 3.52%, which may deter investor confidence. In the broader market context, Gulshan Polyols has underperformed against the benchmark, with a year-to-date return of -6.36% compared to the Sensex's positive return of 3.39%. The stock has consistently lagged behind the benchmark over the last three years, generating a return of -15.80% in the past year while the Sensex has only declined by 1.12%. The low participation from domestic mutual funds, holding 0% of the company, suggests a lack of confidence in the stock's future performance, further contributing to its downward price movement.