Why is Mcleod Russel falling/rising?

As of 24-Jun, Mcleod Russel India Ltd is experiencing a price increase, currently at 34.41, reflecting a change of 0.64 or 1.9% upward. The stock has outperformed its sector by 1.68% today, although it is trading above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. Over the past year, the stock has generated a return of 21.46%, significantly higher than the market's (BSE 500) return of 2.98%. However, the company faces challenges, including a high debt-equity ratio of 33.42 times and a negative return on equity, indicating weak long-term fundamental strength. Additionally, the company has reported losses and a high debt to EBITDA ratio of 28.74 times, which raises concerns about its ability to service debt.
In the broader market context, Mcleod Russel's short-term performance has been relatively stable, with a slight increase of 0.03% over the past week, while the benchmark Sensex has risen by 0.58% during the same period. Despite the stock's recent upward movement, the falling investor participation, as evidenced by a 2.39% decline in delivery volume against the 5-day average, suggests caution among investors. The liquidity of the stock remains adequate for trading, but the overall high debt levels and negative operating profits present significant risks that could impact future performance.