Why is Mcleod Russel falling/rising?

As of 16-Jul, Mcleod Russel India Ltd's stock price is rising, currently at 35.92, reflecting an increase of 0.62 or 1.76%. The stock has shown a strong performance recently, gaining 5.09% over the last three days and outperforming its sector by 1.84% today. Additionally, Mcleod Russel has generated a return of 20.54% over the past year, significantly higher than the market's return of 0.47%. 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. Despite these concerns, the rising investor participation and the stock trading above its moving averages suggest positive momentum.
In the broader market context, Mcleod Russel's short-term return of 3.28% over the past week contrasts sharply with the Sensex, which has declined by 1.08% during the same period. This outperformance highlights the stock's resilience in a challenging market environment. While the stock has performed well recently, the underlying issues such as high debt and negative operating profits present significant risks that could impact its future performance.