Why is K E C Intl. falling/rising?

As of 20-Aug, K E C International Ltd's stock price is currently at 821.40, reflecting a decrease of 9.05 points or 1.09%. The stock has underperformed its sector by 1.39% today and has been on a consecutive decline for the last two days, resulting in a total drop of 1.68% during this period. Although the stock has shown a positive return of 3.54% over the past week, it has experienced a significant decline of 5.69% over the last month and a year-to-date drop of 31.95%. Despite declaring positive results for the last seven consecutive quarters, including a 122.20% growth in profit before tax, the stock's high Debt to EBITDA ratio of 2.71 times raises concerns about its ability to service debt, which may contribute to the recent price decline.
In the broader market context, while the Sensex has gained 1.64% over the past week, K E C International's short-term performance has lagged behind, indicating a weaker relative strength compared to the benchmark. The stock's liquidity remains adequate, but a notable decline in delivery volume by 25.86% against the five-day average suggests reduced investor participation. Furthermore, despite high institutional holdings at 38.58%, which typically indicate confidence in the company's fundamentals, the stock's overall negative return of 2.29% over the past year, coupled with a PEG ratio of 0.7, suggests that while the company is fundamentally sound, market sentiment may be weighing heavily on its stock price.