Why is RACL Geartech falling/rising?

As of 30-Jun, RACL Geartech Ltd's stock price is currently at Rs 905.20, reflecting an increase of Rs 3.25 or 0.36%. Despite this slight uptick, the stock has underperformed its sector by 0.85% today. The stock reached an intraday high of Rs 932.45, indicating some volatility. Over the past week, RACL Geartech has seen a decline of 2.67%, and its performance over the last month shows a decrease of 3.81%. The company has faced significant challenges, with a return of -21.37% over the past year, and its profits have dropped by 39.8%. The stock is trading at a discount compared to its peers, but it has declared negative results for the last five consecutive quarters, which has contributed to its poor performance.
In the broader market context, the Sensex has shown a positive return of 2.09% over the past week and 2.65% over the past month, contrasting sharply with RACL Geartech's declines. While the stock has performed well over a three-year period with a return of 68.42%, its recent performance indicates a struggle to keep pace with the market, especially given the BSE 500's return of 3.95% over the last year. The company's high Debt to EBITDA ratio of 2.82 times raises concerns about its ability to service debt, further impacting investor sentiment. Overall, the combination of negative financial results, poor long-term growth prospects, and high debt levels has led to a challenging environment for RACL Geartech, despite a minor increase in its stock price today.