Why is RattanIndia Pow. falling/rising?

As of 25-Jun, RattanIndia Power Ltd is experiencing a price increase, currently at 14.10, which reflects a change of 0.16 or 1.15% upward. The stock has been gaining for the last two days, with a total return of 3.75% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, the stock has shown strong performance over the past week and month, with returns of 6.42% and 29.48%, respectively. The company has reported significant growth in net profit and has declared positive results for five consecutive quarters, contributing to a favorable perception among investors. However, concerns remain regarding its long-term fundamental strength, particularly with a high debt to EBITDA ratio and a significant percentage of promoter shares being pledged.
In the broader market context, RattanIndia Power's recent performance has outpaced the benchmark Sensex, which has returned 1.61% over the past week and 1.27% over the past month. Despite the stock's impressive short-term gains, it has underperformed the market over the past year, with a decline of 21.71% compared to the Sensex's increase of 6.02%. This contrast highlights the stock's volatility and the mixed sentiment surrounding its long-term growth potential, as it continues to grapple with high debt levels and a relatively low return on capital employed.