Why is Candour Techtex falling/rising?

As of 08-Jul, Candour Techtex Ltd is currently priced at 88.92, reflecting a decrease of 0.58, or 0.65%. The stock has underperformed its sector today by 0.49% and has experienced a trend reversal after three consecutive days of gains. Despite this recent decline, the stock has shown strong performance over the past year, with a return of 90.65%, significantly outpacing the broader market's return of 1.98%. However, the company faces challenges, including poor management efficiency indicated by a low Return on Capital Employed (ROCE) of 2.20% and a high Debt to EBITDA ratio of 5.19 times, which suggests difficulties in servicing its debt. Additionally, the recent quarterly results have shown a significant decline in profitability, with a PAT of Rs -0.74 crore, which has contributed to investor concerns.
In the broader market context, the stock's performance over the past week has been positive at +5.92%, while the benchmark Sensex has remained relatively flat with a change of +0.02%. This indicates that, despite the recent decline, Candour Techtex has been able to outperform the market in the short term. However, the long-term outlook is clouded by the company's low profitability metrics and high debt levels, which may deter investors. The rising investor participation, as evidenced by a 66.04% increase in delivery volume, suggests some level of confidence in the stock, but the overall financial health of the company raises concerns that could impact future performance.