Why is H P Cotton Tex falling/rising?

As of 05-Sep, H P Cotton Textile Mills Ltd's stock price is currently at 103.05, reflecting a decrease of 1.6, or 1.53%. The stock has underperformed its sector by 1.09% today and has experienced a trend reversal, falling after two consecutive days of gains. Over the past week, the stock has gained 0.74%, but it has seen a decline of 0.33% over the past month and a significant drop of 21.58% year-to-date. Despite positive financial results, including a 17.63% growth in operating profit and a 62.96% increase in net sales over the last six months, the stock's performance has been hindered by high debt levels and weak long-term fundamentals, as indicated by a debt-to-equity ratio of 2.58 times.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 1.13% over the past week. While the stock has shown some positive indicators, such as rising investor participation and attractive valuations compared to peers, its long-term performance remains concerning, with a 31.66% decline over the past year. This underperformance, coupled with high debt and low profitability per unit of capital, suggests that investors may be cautious, contributing to the stock's current downward movement.