Why is RACL Geartech falling/rising?

As of 07-Jul, RACL Geartech Ltd is experiencing a decline in its stock price, currently at Rs 917.10, which reflects a decrease of -1.65 or -0.18%. Today's performance indicates that the stock has outperformed its sector by 0.28%, despite touching an intraday low of Rs 893.05, representing a drop of -2.8%. Over the past week, the stock has shown a positive return of +1.31%, although it has underperformed significantly over the past month with a decline of -6.03%. The stock's performance has been hampered by a high Debt to EBITDA ratio of 2.82 times, indicating a low ability to service debt, and a substantial drop in profits by -39.8% over the past year, contributing to a negative return of -21.85% in the last year. Additionally, the company has reported negative results for five consecutive quarters, further impacting investor sentiment.
In the broader market context, the Sensex has shown a slight decline of -0.20% over the past week, while RACL Geartech's short-term performance has been relatively better, suggesting some resilience against market trends. However, the stock has underperformed the market significantly over the past year, where the BSE500 has generated returns of +1.74%, contrasting sharply with RACL Geartech's negative returns. The company's poor long-term growth prospects, reflected in low annual growth rates for net sales and operating profit, combined with a low return on capital employed (ROCE) of 9.8%, further exacerbate the challenges it faces in regaining investor confidence.