Why is Kerala Ayurveda falling/rising?

As of 11-Sep, Kerala Ayurveda Ltd's stock price is currently at 479.95, reflecting a decrease of 13.05 points or 2.65%. Today's performance indicates that the stock has underperformed its sector by 3.12% and has experienced a trend reversal after three consecutive days of gains. The stock reached an intraday low of Rs 474, and trading volume has significantly decreased, with delivery volume falling by 97.09% against the five-day average. Despite generating a return of 54.05% over the past year, the company faces challenges such as a high debt-to-equity ratio of 7.09 times and negative operating profit growth, which has contributed to a perception of weak long-term fundamental strength.
In the broader market context, Kerala Ayurveda's short-term return over the past week is +4.34%, which is significantly higher than the Sensex's return of +1.03%. However, the stock's performance over the last month shows a decline of 4.47%, contrasting with the Sensex's gain of 1.17%. The recent reduction in promoter confidence, with a 20.75% decrease in their stake, may also signal concerns about the company's future prospects, further impacting investor sentiment. Overall, while the stock has shown strong historical returns, the current negative indicators and high debt levels are contributing to its recent price decline.