Why is H P Cotton Tex falling/rising?

As of 17-Sep, H P Cotton Textile Mills Ltd is currently priced at 102.00, reflecting an increase of 0.5 (0.49%). Despite this slight uptick, the stock has underperformed its sector by 0.52% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.07%, and year-to-date, it has seen a significant drop of 22.37%. However, the company has reported positive financial results, including a 17.63% growth in operating profit and a 62.96% increase in net sales over the last six months, which may contribute to some investor interest. The stock is trading at a discount compared to its peers, and its PEG ratio of 0.5 indicates attractive valuation despite the high debt levels and weak long-term fundamentals.
In the broader market context, the Sensex has increased by 1.56% over the past week, contrasting with H P Cotton's decline. This underperformance is evident as the stock has generated a return of -38.29% over the past year, while the benchmark has remained relatively flat with a -0.46% return. The high debt-to-equity ratio of 2.58 times raises concerns about the company's long-term viability, overshadowing its recent positive earnings reports. Overall, while there are some positive indicators, the stock's recent performance and high debt levels suggest a cautious outlook in comparison to the broader market trends.