Why is Sh. Ajit Pulp falling/rising?

As of 12-Sep, Shree Ajit Pulp and Paper Ltd is experiencing a decline in its stock price, currently at 241.25, reflecting a decrease of 1.75 or 0.72%. Despite this drop, the stock has shown positive performance over the past month with a return of 14.20%, significantly outperforming the Sensex, which only gained 2.08%. The stock is trading above its moving averages across various time frames, indicating a generally upward trend. However, it underperformed its sector today by 0.54%. The company has reported strong financial results, including a 76.31% growth in net profit and a 95.17% increase in profit after tax over the last nine months, which suggests robust operational performance. Nonetheless, the high Debt to EBITDA ratio of 4.04 times raises concerns about its ability to service debt, potentially impacting investor sentiment.
In the broader market context, while Shree Ajit Pulp's short-term performance has been positive, it has lagged behind the Sensex in the past week, which gained 1.48% compared to the stock's 1.24% increase. The stock's year-to-date performance of 15.99% also surpasses the Sensex's 4.82%, indicating that it has been a strong performer overall this year. However, the company's long-term growth prospects appear limited, with operating profit growth averaging only 15.85% over the last five years. This combination of strong short-term results but concerning long-term growth potential may contribute to the current price decline, as investors weigh the risks against the recent positive financial performance.