Why is K.P. Energy falling/rising?

As of 17-Nov, K.P. Energy Ltd's stock price is currently at 399.65, reflecting a decrease of 3.05, or 0.76%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 2.17% in that period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased significantly, down 35.26% from the 5-day average, suggesting a drop in investor participation. Despite the company demonstrating strong financial health with a low Debt to EBITDA ratio and impressive growth in net sales and operating profit, the stock has underperformed the market, with a year-to-date decline of 25.85% compared to the Sensex's gain of 8.72%.
In the broader market context, K.P. Energy's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex over various periods, including a 1-week decline of 3.29% against the benchmark's gain of 1.69%. This persistent underperformance, coupled with the fact that domestic mutual funds hold no stake in the company, may indicate a lack of confidence in its current valuation or business prospects. While the company has shown healthy long-term growth and attractive valuations relative to its peers, the recent negative sentiment and declining investor interest have contributed to the stock's downward movement.