Why is Mcleod Russel falling/rising?

As of 07-Jul, Mcleod Russel India Ltd is experiencing a price increase, currently at 35.90, reflecting a rise of 0.9 or 2.57%. The stock has been gaining momentum, having outperformed its sector by 1.52% today and achieving a consecutive gain over the last two days with a total return of 11.63%. Additionally, Mcleod Russel has shown strong performance over the past year, generating a return of 34.21%, significantly higher than the market benchmark. However, despite these positive indicators, the company faces challenges such as a high debt-equity ratio of 33.42 times and negative returns on equity, which could impact long-term investor confidence.
In the broader market context, Mcleod Russel's short-term performance has been notably strong, with a 6.06% increase over the past week, while the benchmark Sensex has declined by 0.20%. This indicates that Mcleod Russel is currently outperforming the market. However, the company's high debt levels and recent financial losses, including a significant drop in net sales, suggest underlying risks that could affect future performance. Overall, while the stock is rising in the short term, its long-term fundamentals remain a concern for investors.