Why is Rainbow Foundat. falling/rising?

As of 11-Sep, Rainbow Foundations Ltd is experiencing a decline in its stock price, currently at 67.24, which reflects a decrease of 1.35 or 1.97%. The stock has underperformed its sector by 2.11% today and has been on a consecutive downward trend for the last six days, resulting in a significant drop of 23.22% during this period. The stock opened with a loss of 3.78% today and reached an intraday low of Rs 65.17, indicating a challenging trading environment. Despite a strong performance over the past year with a return of 176.82%, the stock has recently faced high debt concerns and weak long-term fundamental strength, which may be contributing to its current decline.
In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -19.18% against the Sensex's gain of 1.03%. This stark contrast highlights the stock's struggles in the current market environment. While Rainbow Foundations Ltd has shown impressive long-term returns, outperforming the BSE500 over various periods, the recent high debt levels and declining profitability, as evidenced by a low Return on Equity and flat quarterly results, are likely weighing heavily on investor sentiment, leading to the stock's current downward trajectory.