Why is Royal India Corp falling/rising?

As of 27-Jun, Royal India Corporation Ltd's stock price is currently at 9.15, reflecting a decrease of 0.01, or 0.11%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, it has outperformed its sector by 0.51% today. Over the past week, the stock has increased by 1.78%, although it has significantly underperformed the benchmark Sensex, which rose by 2.00%. The company has reported very positive financial results, including a remarkable 12011.11% growth in net profit and positive results for the last three consecutive quarters. However, the stock has a high debt-to-equity ratio and has reported negative returns over the past year, contributing to its overall decline.
In the broader market context, while the stock has shown a strong performance over three years with a return of 249.24%, it has drastically underperformed in the past year with a return of -74.35%, compared to the Sensex's gain of 6.08%. This stark contrast highlights the challenges faced by Royal India Corporation Ltd, particularly its weak long-term fundamentals and high debt levels, which have overshadowed its recent positive financial results. The stock's liquidity appears adequate, but the overall market sentiment remains cautious due to its historical performance and fundamental weaknesses.