Why is Mac Charles(I) falling/rising?

As of 12-Aug, Mac Charles (India) Ltd is experiencing a price increase, with its current price at Rs 713.25, reflecting a rise of Rs 13.0 or 1.86%. The stock has shown strong performance recently, outperforming its sector by 1.38% today and reaching an intraday high of Rs 748.9, which is a 6.95% increase. Over the past month, the stock has gained 15.84%, significantly outperforming the Sensex, which has declined by 2.75%. Additionally, the company has reported positive results after four consecutive negative quarters, achieving its highest operating profit to interest ratio and net sales, which have contributed to the stock's upward movement. However, the stock also faces challenges, including a high debt-to-equity ratio and a negative EBITDA, which indicate underlying financial risks.
Broader market context shows that while the stock has generated a return of 21.26% over the past year, the broader market, represented by the BSE500, has seen negative returns of -2.11%. This stark contrast highlights the stock's ability to perform well despite a declining market. However, the recent drop in delivery volume by 78.81% against the five-day average suggests a potential decrease in investor participation, which could impact future price movements. Overall, while Mac Charles (India) Ltd has shown resilience and positive performance metrics, the high debt levels and market conditions present risks that investors should consider.