Why is RKEC Projects falling/rising?

As of 12-Aug, RKEC Projects Ltd is currently priced at 68.61, reflecting an increase of 0.29 or 0.42%. The stock has shown a positive performance today, outperforming its sector by 0.37%. However, despite this short-term gain, the stock has experienced a significant decline over the past month, with a return of -9.55%, and a staggering -50.05% over the last year. The company has reported weak financial results, including a fall in net sales of -6.54% and negative results for the last two consecutive quarters. While the stock is trading at a discount compared to its peers and has a very attractive valuation with a ROCE of 12.6, the high Debt to EBITDA ratio of 2.52 times indicates low ability to service debt, which negatively impacts investor sentiment.
In the broader market context, the stock's short-term return of +3.02% over the past week contrasts sharply with the benchmark Sensex, which has declined by -0.67%. This indicates that RKEC Projects has managed to perform better than the overall market in the short term. However, the stock's long-term performance remains concerning, as it has underperformed the market significantly over the past year, with a return of -50.05% compared to the Sensex's +0.58%. The combination of weak long-term fundamentals, declining sales, and negative quarterly results suggests that while there may be short-term gains, the overall outlook for RKEC Projects remains challenging.