Why is Kerala Ayurveda falling/rising?

As of 21-Jul, Kerala Ayurveda Ltd's stock price is currently at 585.10, reflecting a decrease of 7.9 points or 1.33%. Today, the stock opened with a gain of 2.87% and reached an intraday high of Rs 610, but ultimately underperformed its sector by 1.01%. Over the past month, the stock has shown a significant increase of 37.20%, and it has delivered impressive returns of 90.43% over the past year and 658.88% over the last three years. However, the company faces challenges such as a high debt-to-equity ratio of 7.09 times, indicating weak long-term fundamental strength, and a concerning trend of negative EBITDA, which has contributed to a decline in investor confidence. Additionally, the delivery volume has fallen significantly, suggesting reduced investor participation.
In the broader market context, Kerala Ayurveda's short-term performance has been relatively strong compared to the benchmark Sensex, which has seen a slight decline of 0.06% over the past week. Despite the stock's impressive long-term returns, the recent price drop may reflect concerns about its high debt levels and poor profitability metrics, including a negative operating profit to interest ratio. Furthermore, the minimal stake held by domestic mutual funds, at only 0.06%, indicates a lack of confidence in the stock's valuation and business prospects, which could be influencing its current price movement.