Why is KPI Green Energy falling/rising?

As of 22-Jul, KPI Green Energy Ltd's stock price is currently at Rs 544.20, reflecting a decrease of Rs 3.8 or 0.69%. The stock has been experiencing a consecutive decline over the last four days, resulting in a total drop of 2.17% during this period. Today's trading saw the stock reach an intraday low of Rs 534.05, indicating a challenging market environment. Despite a strong long-term growth trajectory, with net sales increasing at an annual rate of 102.36% and operating profit at 80.74%, the stock has underperformed significantly over the past year, generating a return of -14.65%. Additionally, the company has a high debt-to-equity ratio, which raises concerns among investors, especially given that 45.49% of promoter shares are pledged, adding downward pressure on the stock price.
In the broader market context, KPI Green Energy's recent performance contrasts with the benchmark, as it has gained 0.81% over the past week while the Sensex has declined by 0.47%. However, the stock's year-to-date return of 1.08% lags behind the Sensex's 5.18% gain, indicating a relative weakness in performance. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume suggests falling investor participation, which could further contribute to the stock's downward trend. Overall, while the company shows potential for long-term growth, the current market sentiment and financial metrics are leading to a decline in its stock price.