Why is Shera Energy falling/rising?

As of 24-Sep, Shera Energy Ltd's stock price is currently at Rs 128.00, reflecting a decrease of Rs 2.2 or 1.69%. The stock has been underperforming, as indicated by its performance today, which is 0.25% lower than its sector. Additionally, it is trading close to its 52-week low, just 0.78% away from Rs 127. Over the past week, the stock has declined by 3.54%, and it has seen a significant drop of 31.35% year-to-date. Despite positive financial results, including a 75.74% growth in PAT and a 34.93% increase in net sales over the last nine months, the stock's ability to service its debt remains a concern due to a poor EBIT to interest ratio of 1.79. This combination of factors contributes to the stock's recent downward movement.
In the broader market context, Shera Energy's performance has been notably weaker compared to the benchmark, with a one-year return of -30.19% against the Sensex's decline of only 3.41%. This consistent underperformance over the last three years has raised concerns among investors. While there has been a slight increase in investor participation, as evidenced by a 5.26% rise in delivery volume, the overall sentiment remains cautious due to the company's weak debt servicing capabilities and its trading below various moving averages. The stock's attractive valuation metrics, such as a low PEG ratio of 0.3, may not be sufficient to offset the negative perceptions stemming from its financial challenges and historical performance.