Why is Mcleod Russel falling/rising?

As of 04-Aug, Mcleod Russel India Ltd is experiencing a price increase, currently at 38.51, reflecting a rise of 0.98 or 2.61%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite a recent drop of 4.80% over the past week, it has performed well over the last month with a return of 10.03%. However, the stock has a high Debt-Equity Ratio of 33.42 times and has reported losses, indicating weak long-term fundamental strength. Additionally, the delivery volume has significantly decreased by 64.1% against the five-day average, suggesting falling investor participation.
In the broader market context, Mcleod Russel's recent performance contrasts with the Sensex, which has only increased by 0.16% over the past week. While the stock has outperformed the benchmark in the long term, generating a return of 38.87% over the past year compared to the Sensex's 0.05%, its high debt levels and negative operating profits present significant risks. The stock's liquidity remains adequate for trading, but the overall financial health of the company raises concerns about its ability to sustain growth in the face of high debt and declining sales.