Why is Polycon Intl. falling/rising?

As of 07-Jul, Polycon International Ltd's stock price is currently at 27.98, reflecting a slight decrease of 0.01, or 0.04%. The stock has shown strong performance over the past week and month, with returns of 8.07% and 39.83%, respectively, while outperforming the Sensex, which has seen a decline of 0.20% over the same week. However, today's trading has been characterized by erratic activity, with a significant drop in delivery volume by 89.46% compared to the 5-day average, indicating falling investor participation. Despite the stock trading above its moving averages and having an attractive valuation relative to peers, it faces challenges such as high debt levels and poor long-term growth metrics, which may be contributing to the recent price decline.
In the broader market context, Polycon's recent performance has been notably strong compared to the benchmark, as it has outperformed the BSE500 over various time frames, including the last three years and one year. This suggests that while the stock has been resilient in the long term, the current price movement may be influenced by immediate concerns regarding its financial health, particularly its high debt-to-equity ratio and negative quarterly results. These factors could be causing investors to reassess their positions, leading to the observed decline in price despite the stock's overall positive trajectory in the longer term.