Why is Manaksia Alumi. falling/rising?

As of 28-Aug, Manaksia Aluminium Company Ltd's stock price is currently at Rs 30.50, reflecting a decline of Rs 1.28 or 4.03%. The stock has underperformed its sector by 2.4% today, marking a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 30.50, with trading volume skewed towards this lower price. Despite a positive long-term growth outlook, highlighted by a significant annual operating profit increase of 44.15% and a favorable PEG ratio of 0.6, the stock's recent performance has been hindered by a high Debt to EBITDA ratio of 5.25 times, indicating low ability to service debt and low profitability per unit of shareholders' funds.
In the broader market context, the stock has shown a 3.74% increase over the past week, contrasting with a 2.34% decline in the Sensex, suggesting relative strength in the short term. However, over the year-to-date, Manaksia Aluminium has underperformed with a decline of 3.72%, while the Sensex has gained 2.48%. This disparity indicates that while the stock has had some short-term gains, its overall performance remains weak compared to the benchmark, contributing to the current downward price movement.