Why is H P Cotton Tex falling/rising?

As of 28-Aug, H P Cotton Textile Mills Ltd is experiencing a decline in its stock price, currently at 101.78, reflecting a decrease of 1.22 or 1.18%. The stock has underperformed its sector today by 1.38% and has been on a consecutive downward trend for the last three days, resulting in an overall drop of 8.72%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite reporting positive financial results, including a 17.63% growth in operating profit and a significant increase in net sales, the stock has generated a negative return of 36.76% over the past year, which contrasts sharply with its rising profits and attractive valuation metrics.
In the broader market context, the stock's performance over the past week shows a decline of 3.07%, while the benchmark Sensex has decreased by 2.34%, indicating that the stock is underperforming relative to the market. The company's high debt levels, with a debt-to-equity ratio of 2.58, contribute to concerns about its long-term fundamental strength, further exacerbating investor sentiment. Although the company has shown positive growth in recent quarters, the overall negative return over the past year and the stock's underperformance against both the BSE500 and its peers in the long term suggest a challenging environment for H P Cotton Textile Mills Ltd.