Why is Harish Textile falling/rising?

As of 25-Jun, Harish Textile Engineers Ltd is experiencing a price increase, with the current price at Rs 62.49, reflecting a rise of 1.79 (2.95%). Today's performance indicates that the stock has outperformed its sector by 1.41%, reaching an intraday high of Rs 64.44, which is a 6.16% increase. However, despite this positive movement today, the stock has shown a decline of 4.60% over the past week and 7.97% over the past month. While it has generated a return of 27.77% over the last year, its profits have significantly decreased by 219.6%. The stock is trading at a discount compared to its peers, but it is burdened by high debt and weak long-term growth, which may contribute to investor caution.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has gained 1.61% over the past week. The company's high debt-to-equity ratio of 3.66 times and a declining operating profit growth rate of -8.64% over the last five years suggest underlying weaknesses that could affect investor sentiment. Despite the attractive valuation indicated by a return on capital employed (ROCE) of 10.7 and a strong year-on-year return, the overall market conditions and the company's financial health may lead to a cautious outlook among investors.