Why is KG Petrochem falling/rising?

As of 04-Aug, KG Petrochem Ltd is currently priced at 246.80, reflecting an increase of 0.8, or 0.33%. The stock has shown a trend reversal by gaining after four consecutive days of decline. However, it is trading below all its moving averages, indicating a bearish trend. The stock's performance over the past week has been poor, with a decline of 6.16%, and it has also fallen by 8.18% over the past month. Despite a strong annual return of 16.42% and a significant profit increase of 446%, the company faces challenges such as a high Debt to EBITDA ratio and weak long-term fundamental strength, which may be contributing to investor caution.
In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with KG Petrochem's decline. The stock's performance has outpaced the broader market over the past year, generating returns while the BSE500 has declined by 2.34%. However, the recent weak trading volume and liquidity concerns, along with the stock's underperformance in the short term, may be affecting investor sentiment. Overall, while the stock has shown resilience in the long term, the current market dynamics and company fundamentals suggest a cautious outlook.