Why is K E C Intl. falling/rising?

As of 06-Aug, K E C International Ltd's stock price is currently at Rs 827.45, reflecting a decrease of Rs 14.7 or 1.75%. The stock has underperformed its sector by 1.11% today and has experienced a trend reversal, falling after two consecutive days of gains. It touched an intraday low of Rs 820.35, indicating a decline of 2.59%. Over the past week, the stock has decreased by 5.16%, and year-to-date, it has fallen significantly by 31.45%, despite positive financial results over the last seven quarters, including a 122.20% growth in profit before tax. The stock is trading at a discount compared to its peers, yet it faces challenges with a high Debt to EBITDA ratio of 2.71 times, which raises concerns about its ability to service debt.
In the broader market context, the Sensex has declined by 1.15% over the past week, indicating a slightly less severe downturn compared to K E C International Ltd. While the company has shown strong fundamentals, such as a 55% increase in profits over the past year and high institutional holdings at 38.58%, the overall market sentiment and the company's liquidity issues, evidenced by a 35.33% drop in delivery volume, contribute to its current price decline. The stock's performance relative to the benchmark suggests that while the company has positive attributes, external market pressures and internal financial concerns are driving its recent downward movement.