Why is Kerala Ayurveda falling/rising?

As of 18-Aug, Kerala Ayurveda Ltd's stock price is currently at 515.00, reflecting an increase of 0.8 (0.16%). The stock has shown a positive performance today, aligning with its sector. It is trading above its 5-day, 100-day, and 200-day moving averages, although it is below its 20-day and 50-day moving averages. Despite a recent decline in investor participation, with delivery volume dropping by 68.38% against the 5-day average, the stock has delivered a strong return of 62.72% over the past year and 591.28% over the last three years. However, the company faces significant challenges, including a high debt-to-equity ratio of 7.09 times and poor long-term growth, with operating profit declining at an annual rate of -210.97% over the last five years. Additionally, the recent decrease in promoter stake by 20.75% raises concerns about confidence in the company's future.
In the broader market context, Kerala Ayurveda's short-term return of +3.00% over the past week significantly outperforms the Sensex, which has only increased by +0.83%. This indicates that while the stock is currently experiencing a rise, it has faced a notable decline of 13.15% over the past month, contrasting with the Sensex's minor drop of 0.59%. The stock's strong year-to-date performance of +16.52% further highlights its resilience compared to the benchmark's +4.01%. However, the ongoing issues related to high debt and declining profitability may pose risks that could affect future performance, despite the recent uptick in price.