Why is Pennar Industrie falling/rising?

As of 27-Jun, Pennar Industries Ltd is currently priced at 231.05, reflecting a decrease of 2.95, or 1.26%. The stock has been underperforming its sector, having fallen consecutively for the last two days with a total decline of 1.99%. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 41.06% return over the past year and a remarkable 539.14% increase over the last three years. The company has reported positive results for the last four consecutive quarters, showcasing strong financial metrics such as a high return on capital employed and significant cash reserves. However, concerns about long-term fundamental strength, including a high debt-to-EBITDA ratio and low domestic mutual fund interest, may be contributing to the stock's recent price decline.
In the broader market context, Pennar Industries has outperformed the Sensex over various time frames, including a 4.90% increase over the past week compared to the Sensex's 2.00% rise. Despite this, the stock's recent performance has not aligned with its historical trends, as it has underperformed the sector today. The rising investor participation, indicated by an increase in delivery volume, suggests some level of continued interest, but the overall sentiment may be tempered by the company's high debt levels and low profitability per unit of shareholders' funds, which could be causing caution among investors.