Why is Aditya Vision falling/rising?

As of 16-Jul, Aditya Vision Ltd's stock price is currently at Rs 370.00, reflecting an increase of Rs 6.05 or 1.66%. The stock has been on an upward trend, gaining for the last four consecutive days with a total return of 3.5% during this period. It reached an intraday high of Rs 375.95, which is a 3.3% increase. The stock's performance today is in line with its sector, and it has shown higher delivery volume, indicating rising investor participation. Despite a year-to-date decline of 27.51%, the company has demonstrated strong management efficiency with a high return on capital employed (ROCE) of 24.56% and consistent growth in net sales and operating profit over the last four quarters. However, the company also faces challenges, including a high debt-to-equity ratio and an expensive valuation relative to its peers.
Broader market context indicates that while Aditya Vision has outperformed the benchmark in the short term with a 3.45% gain over the past week compared to the Sensex's decline of 1.08%, it has significantly underperformed over the longer term. The stock has dropped 19.70% over the past year, while the broader market has seen a modest increase of 2.38%. This underperformance highlights the stock's struggles despite positive recent results and high institutional holdings, which may suggest that while there is potential for recovery, investor sentiment remains cautious due to the company's high debt levels and overall market conditions.