Why is Aditya Vision falling/rising?

As of 14-Jul, Aditya Vision Ltd's stock price is currently at 361.80, reflecting an increase of 3.0 or 0.84%. The stock has been gaining for the last two days, with a total return of 1.2% during this period, and it has outperformed its sector by 1.98%. However, despite this recent uptick, the stock has shown a decline of 5.13% over the past month and a significant drop of 29.12% year-to-date. Positive factors contributing to the stock's recent movement include high management efficiency, with a return on capital employed (ROCE) of 24.56%, and strong growth in net sales and operating profit. Additionally, the company has reported positive results for the last four consecutive quarters, and institutional holdings have increased by 4.03%, indicating confidence from larger investors. Conversely, the company faces challenges due to high debt levels and an expensive valuation relative to its peers, which may weigh on investor sentiment.
In the broader market context, Aditya Vision's short-term performance has been relatively strong compared to the benchmark, as it has gained 0.72% over the past week while the Sensex has declined by 1.42%. However, the stock's longer-term performance has been disappointing, with a year-to-date decline of 29.12% compared to a 5.27% gain in the benchmark. This underperformance over the past year, despite rising profits, suggests that market sentiment may be cautious, particularly given the company's high debt levels and the overall market conditions.