Why is RACL Geartech falling/rising?

As of 18-Jul, RACL Geartech Ltd's stock price is currently at 909.15, reflecting an increase of 3.35 (0.37%). The stock has shown a trend reversal, gaining after four consecutive days of decline. It has outperformed its sector by 1.46% today, and there has been a notable increase in investor participation, with delivery volume rising by 97.69% compared to the 5-day average. However, despite a year-to-date return of +3.55%, the stock has underperformed over the past year with a return of -22.73%, while its profits have decreased by 39.8%. The company also has a high Debt to EBITDA ratio of 2.82 times, indicating a low ability to service debt, which may contribute to investor caution.
In the broader market context, RACL Geartech's recent performance contrasts with the Sensex, which has gained 0.38% over the past month. While the stock has seen a slight uptick today, its longer-term performance remains concerning, particularly given its significant decline over the past year compared to the benchmark's modest negative return of -0.36%. The stock's trading at a discount to its peers may attract some investors, but the persistent negative results and low domestic mutual fund holdings suggest a lack of confidence in the company's future growth prospects.