Why is Kaira Can falling/rising?

As of 28-Aug, Kaira Can Company Ltd's stock price is flat at 1,642.05, showing no change (0.00%). The stock has underperformed in the short term, with a 3.69% decline over the past week and a 7.49% drop in the last month. Today's performance indicates that it has outperformed its sector by 0.37%, but it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 92.54% compared to the 5-day average. While the company has a low debt-to-equity ratio and reported positive growth in net sales and profit after tax, it faces challenges due to poor long-term growth, as indicated by a negative annual operating profit growth rate of -4.08% over the last five years and a relatively high price-to-book value compared to peers.
In the broader market context, Kaira Can's recent performance contrasts with the benchmark Sensex, which has only declined by 2.34% over the past week. The stock's year-to-date performance shows a significant decline of 11.24%, while the Sensex has gained 2.48% during the same period. This underperformance is further highlighted by the stock's negative returns over the past year (-19.63%) and three years (-23.88%), indicating a trend of declining investor confidence. The company's expensive valuation, despite a rise in profits, suggests that investors may be cautious, leading to a lack of buying interest and contributing to the stock's stagnant price movement.