Why is Mcleod Russel falling/rising?

As of 25-Aug, Mcleod Russel India Ltd's stock price is currently at Rs 38.15, reflecting an increase of Rs 1.2 or 3.25%. The stock has shown a trend reversal by gaining after three consecutive days of decline, reaching an intraday high of Rs 38.24. Despite this positive movement today, the stock has underperformed the benchmark Sensex over the past week and month, with declines of 0.47% and 3.90%, respectively. The company has a high debt-to-equity ratio of 33.42 times, indicating weak long-term fundamental strength, and has reported losses, which contribute to its negative return on equity. However, it has generated a significant return of 37.58% over the past year, outperforming the BSE500 in the long term.
In the broader market context, Mcleod Russel's recent performance contrasts with the Sensex, which has gained 0.45% over the past week and 0.21% over the past month. The stock's performance today has outpaced its sector by 3.51%, but the overall trend shows a decline in investor participation, with a notable drop in delivery volume. While the stock has been liquid enough for trading, the high debt levels and negative operating profits pose risks that may deter investors, despite its historical performance.