Why is K.P. Energy falling/rising?

As of 07-Nov, K.P. Energy Ltd is experiencing a decline in its stock price, currently at 424.65, which reflects a decrease of 11.1 points or 2.55%. The stock has underperformed its sector by 1.89% today and has been on a consecutive downward trend for the last two days, with a total decline of 7.46% during this period. Although the stock reached an intraday high of Rs 457.9, it also fell to a low of Rs 419.15. The recent performance shows that while the stock has gained 1.16% over the past week and 6.54% over the past month, it has significantly underperformed year-to-date and over the past year, with declines of 21.22% and 30.81%, respectively. Despite these challenges, the company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.71 times and impressive growth in net sales and operating profit.
In the broader market context, K.P. Energy's recent performance contrasts with the Sensex, which has seen a slight decline of 0.86% over the past week and a gain of 1.57% over the past month. The stock's liquidity remains adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 6.84% against the five-day average. This decline in interest, combined with the stock's recent price movements, suggests that investors may be cautious despite the company's positive long-term growth indicators, such as consistent positive results over the last five quarters and significant increases in operating profit and net sales.