Why is Mcleod Russel falling/rising?

As of 08-Jul, Mcleod Russel India Ltd is experiencing a decline in its stock price, currently at 35.55, down by 0.35 or 0.97%. The stock has underperformed its sector by 0.83% today and has seen a trend reversal after two consecutive days of gains. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the company faces significant challenges, including a high debt-to-equity ratio of 33.42 times and a low ability to service its debt, reflected in a debt-to-EBITDA ratio of 28.74 times. Although the stock has generated a return of 20.84% over the past year, it has reported losses and negative return on equity, which raises concerns about its long-term fundamental strength.
In the broader market context, Mcleod Russel's short-term performance over the past week shows a gain of 5.36%, while the benchmark Sensex has only increased by 0.02%. However, the stock's year-to-date performance is notably poor, with a decline of 19.28% compared to the Sensex's gain of 7.13%. This stark contrast highlights the stock's volatility and the risks associated with its high debt levels and negative operating profits, which may deter investor confidence despite some recent positive returns.