Why is K E C Intl. falling/rising?

As of 13-Aug, K E C International Ltd's stock price is currently at 793.30, reflecting a decrease of 3.2 points or 0.4%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 5.8% during this period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past week, the stock has declined by 4.13%, and over the last month, it has dropped 8.23%. Despite declaring positive results for the last seven consecutive quarters, including significant growth in profit before tax and profit after tax, the high Debt to EBITDA ratio of 2.71 times raises concerns about its ability to service debt, contributing to the stock's downward pressure.
In the broader market context, K E C International's performance has been notably weaker compared to the Sensex, which has remained relatively flat with a change of only -0.01% over the past week. While the company has a strong institutional holding of 38.58% and has shown impressive profit growth, the stock's year-to-date return of -34.28% starkly contrasts with the Sensex's positive return of 3.07%. This significant underperformance, coupled with declining investor participation and liquidity issues, suggests a challenging environment for the stock despite its fair valuation and strong fundamentals.