Why is H P Cotton Tex falling/rising?

As of 29-Jul, H P Cotton Textile Mills Ltd's stock price is currently at Rs 102.80, reflecting an increase of Rs 1.9 or 1.88%. Today's price summary indicates that the stock outperformed its sector by 1.24%, reaching an intraday high of Rs 102.95, which is a 2.03% increase. Despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 21.77% and a one-year return of -23.28%. The company has shown significant growth in net profit, with a 237.93% increase reported in March 2025, and a strong return on capital employed (ROCE) of 18.65%. However, it also faces challenges, such as a high debt-to-equity ratio and weak long-term growth, which may contribute to investor caution.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by 8.13% over the past week compared to a smaller drop of 1.03% in the Sensex. This indicates that while the stock is experiencing a slight uptick today, it has been struggling significantly relative to the market. The company's high debt levels and historical underperformance against the market may deter long-term investors, despite its attractive valuation metrics and recent profit growth. Overall, the mixed signals from both the company's financial health and market performance contribute to the stock's fluctuating price movements.