Why is RACL Geartech falling/rising?

As of 02-Jul, RACL Geartech Ltd's stock price is currently at 925.00, reflecting an increase of 14.75, or 1.62%. The stock has shown a positive trend, gaining for the last three days with a total return of 2.56% during this period. It opened today with a gain of 2.17% and reached an intraday high of Rs 930. However, despite this recent uptick, the stock has underperformed over the past month, with a decline of 7.50%. Additionally, the company has faced challenges, including a significant drop in profits by 39.8% over the past year, leading to a negative return of -23.34% compared to the broader market's performance.
In the broader market context, RACL Geartech's short-term performance has outpaced the Sensex, which has only increased by 0.79% over the past week. However, the stock's long-term performance remains concerning, as it has underperformed the market over the last year. The company's high Debt to EBITDA ratio of 2.82 times raises concerns about its ability to service debt, and it has reported negative results for the last five consecutive quarters. While the stock is trading at a discount compared to its peers, the overall financial health and growth prospects appear weak, contributing to the mixed sentiment surrounding its recent price movements.