Why is K E C Intl. falling/rising?

As of 30-Oct, K E C International Ltd's stock price is currently at 824.45, reflecting a decrease of 2.4 points or 0.29%. The stock has been underperforming, having fallen for the last six consecutive days, resulting in a total decline of 3.47% during this period. Over the past week, the stock has decreased by 2.81%, while its performance over the last month shows a significant drop of 5.55%. Despite the company declaring positive results for the last seven consecutive quarters, including a 122.20% growth in profit before tax, the stock's performance has been hindered by a high Debt to EBITDA ratio of 2.71 times, indicating a low ability to service debt. Additionally, while the stock trades at a discount compared to its peers, it has underperformed the market over the past year, generating a return of -13.31% against the benchmark's positive return of 4.39%.
In the broader market context, K E C International Ltd's recent performance contrasts sharply with the Sensex, which has shown a slight decline of only 0.18% over the past week. The stock's year-to-date performance is particularly concerning, with a decline of 31.69% compared to the benchmark's gain of 8.02%. This underperformance may be attributed to the company's high institutional holdings of 38.46%, which, while indicating confidence from larger investors, also reflects a cautious sentiment due to the company's debt situation. The liquidity of the stock remains adequate, with a delivery volume increase of 23.44% against the five-day average, suggesting some investor interest, but this has not translated into positive price movement amidst the prevailing negative sentiment.