Why is Kesar Petroprod. falling/rising?

As of 19-Aug, Kesar Petroproducts Ltd is experiencing a price increase, currently at Rs 32.80, reflecting a change of 0.59 (1.83%) upward. The stock is trading 4.42% away from its 52-week high of Rs 34.25 and has outperformed its sector by 1.02% today. Over the past week, the stock has risen by 0.77%, and in the last month, it has shown a significant increase of 8.22%. The company has demonstrated strong financial performance, with a remarkable 197.47% growth in net profit and consistent positive results over the last seven quarters. However, it faces challenges with a high Debt to EBITDA ratio of 5.34 times, indicating low ability to service debt, which could impact investor confidence.
In the broader market context, Kesar Petroproducts Ltd has outperformed the benchmark Sensex, which has generated a return of only 1.76% over the past week and has been negative over the last month. Despite the broader market's struggles, Kesar has achieved a year-to-date return of 13.06%, significantly higher than the Sensex's 4.49%. The stock's performance is particularly noteworthy given that it has generated a return of 59.15% over the past year, while the market has only seen a 1.52% increase. This strong performance amidst a challenging market environment highlights the company's resilience and growth potential, although concerns about its debt levels remain a risk factor for investors.