Why is Hindware Home In falling/rising?

As of 12-Sep, Hindware Home Innovation Ltd is currently priced at Rs 336.00, reflecting a decrease of Rs 4.8 or 1.41%. The stock has underperformed its sector by 1.77% today and has fallen after three consecutive days of gains, reaching an intraday low of Rs 333.65. Despite a strong long-term growth outlook, with an operating profit growth rate of 71.14% and a recent positive PAT growth of 80.84%, the stock's recent performance has been hindered by a high Debt to EBITDA ratio of 3.42 times, indicating a low ability to service debt. Additionally, the decline in delivery volume by 19.8% against the five-day average suggests falling investor participation, which may contribute to the stock's downward movement.
In the broader market context, Hindware's one-week return is slightly positive at 0.03%, while the benchmark Sensex has increased by 1.48% during the same period. Over the past month, Hindware has outperformed the Sensex with a return of 22.07% compared to the benchmark's 2.08%. However, the stock's year-to-date performance of 23.39% is still significantly better than the Sensex's 4.82%. This contrast indicates that while Hindware has shown strong growth recently, the current decline may reflect investor caution amid concerns about its debt levels and the limited interest from domestic mutual funds, which hold only 0.16% of the company.