Why is Sh. Ajit Pulp falling/rising?

As of 19-Sep, Shree Ajit Pulp and Paper Ltd's stock price is currently at 240.00, reflecting a decrease of 5.2, or 2.12%. Today's price summary indicates that the stock opened significantly lower, down 6.97%, and reached an intraday low of Rs 228.1. The stock has underperformed its sector by 1.82% today, and there has been a notable decline in investor participation, with delivery volume dropping by 39.09% compared to the 5-day average. Despite positive financial results, including a 76.31% growth in net profit and a 47.17% increase in net sales over the last six months, the company faces challenges such as a high Debt to EBITDA ratio of 4.04 times, which indicates a low ability to service debt and may contribute to investor concerns.
In the broader market context, the stock's performance over the past week shows a decline of 0.52%, while the benchmark Sensex has increased by 0.88%. Although the stock has performed well over the longer term, with a year-to-date return of 15.38% compared to the Sensex's 5.74%, the recent price drop suggests that short-term pressures are outweighing these gains. The combination of high debt levels, declining investor interest, and immediate price volatility may be influencing the stock's current downward trajectory, despite its overall positive financial indicators.