Why is Kesar Petroprod. falling/rising?

As of 12-Aug, Kesar Petroproducts Ltd is currently priced at Rs. 32.55, reflecting a decline of Rs. 0.89 or 2.66%. Despite this drop, the stock has shown strong performance over various periods, with a 10.30% increase over the past week and a remarkable 78.16% rise over the past year. Today's price summary indicates that the stock hit a new 52-week high of Rs. 34.25 earlier in the day, although it underperformed its sector by 1.74%. The stock is trading above its moving averages across multiple timeframes, and there has been a significant increase in investor participation, with delivery volume rising by 333.2% compared to the five-day average. However, the company faces challenges, including a high Debt to EBITDA ratio of 5.34 times, which indicates a low ability to service debt, and a relatively low Return on Equity of 0.98%, suggesting limited profitability per unit of shareholders' funds.
In the broader market context, Kesar Petroproducts has outperformed the benchmark Sensex, which has seen a decline of 0.59% over the past week. While the stock has generated substantial returns compared to the market, its recent price drop may reflect profit-taking after reaching a new high, as well as concerns regarding its high debt levels and low profitability metrics. Despite these risks, the company's strong operating profit growth and consistent positive results over the last seven quarters contribute to its attractiveness as an investment, even as it navigates the challenges of servicing its debt and maintaining long-term growth.