Why is Race Eco falling/rising?

As of 09-Jul, Race Eco Chain Ltd's stock price is currently at 233.25, reflecting a decrease of 2.7, or 1.14%. The stock has underperformed today, with a performance that is 0.77% lower than its sector. It has also approached its 52-week low, being just 1.37% away from Rs 230.05, and touched an intraday low of Rs 230.15, marking a decline of 2.46%. Over the past week, the stock has seen a return of -2.43%, and it has significantly underperformed over the last month and year, with returns of -7.99% and -46.14%, respectively. Despite some positive indicators such as a 62.55% increase in delivery volume, the stock's overall performance is hindered by poor management efficiency, indicated by a low Return on Capital Employed (ROCE) of 7.19% and a high Debt to EBITDA ratio of 6.65 times, which raises concerns about its profitability and ability to service debt.
In the broader market context, the Sensex has shown a slight positive return of 0.15% over the past week, contrasting with Race Eco's negative performance. This divergence highlights the stock's struggles relative to the market. While the company has demonstrated impressive growth in net sales and profits in recent quarters, the substantial decline in stock price over the past year indicates a lack of investor confidence, compounded by its below-par performance compared to the BSE500 index. The stock's trading at a discount compared to peers and its low PEG ratio of 0.4 suggests that while there may be long-term growth potential, current market sentiment is heavily influenced by its recent financial inefficiencies and underperformance.