Why is RDB Infrastruc. falling/rising?

As of 24-Jul, RDB Infrastructure and Power Ltd's stock price is currently at Rs 46.20, reflecting a decline of Rs 1.3 or 2.74%. Today's price summary indicates that the stock underperformed its sector by 1.56%, reaching an intraday low of Rs 45.38, which is a drop of 4.46%. The stock has shown negative returns over the past week and month, with declines of 6.19% and 8.88%, respectively. Despite a strong performance over the past year with a return of 187.13%, the company faces challenges such as high debt levels and weak long-term fundamental strength, which may contribute to the recent price decline. The positive growth in net sales and profit after tax is overshadowed by concerns regarding the company's high debt-to-equity ratio and low return on equity, indicating potential profitability issues.
In the broader market context, RDB Infrastructure and Power Ltd's recent performance contrasts sharply with the benchmark Sensex, which has shown minimal change of -0.09% over the past week and a slight gain of 0.16% over the past month. This underperformance suggests that while the overall market remains relatively stable, RDB's stock is struggling, likely due to investor concerns regarding its financial health and the lack of confidence from domestic mutual funds, which hold no stake in the company. The combination of these factors indicates a challenging environment for RDB Infrastructure and Power Ltd, contributing to its current downward price movement.