Why is Kerala Ayurveda falling/rising?

As of 19-Sep, Kerala Ayurveda Ltd's stock price is currently at 479.90, reflecting an increase of 0.9 (0.19%). The stock has shown a trend reversal by gaining after four consecutive days of decline. Despite this recent uptick, the stock has experienced a 4.76% decrease over the past week and a 5.72% decline over the past month. However, it has generated a notable return of 56.57% over the past year and an impressive 584.11% over the last three years. The stock's performance today is in line with its sector, and there has been a rise in investor participation, with delivery volume increasing by 11.2% compared to the five-day average. Nonetheless, the company faces significant challenges, including high debt levels and poor long-term growth, which have contributed to a negative EBITDA and reduced promoter confidence.
In the broader market context, while Kerala Ayurveda's stock has outperformed the benchmark Sensex over the long term, it has underperformed in the short term, with the Sensex gaining 0.88% over the past week. The company's high debt-to-equity ratio and declining operating profit raise concerns about its long-term viability, which may be influencing investor sentiment negatively. Additionally, the reduction in promoter stake by 20.75% could signal a lack of confidence in the company's future, further impacting its stock price. Overall, while there are positive short-term movements, the underlying financial issues and market conditions suggest a cautious outlook for Kerala Ayurveda Ltd.