Why is Royal India Corp falling/rising?

As of 01-Jul, Royal India Corporation Ltd's stock price is currently flat at 9.10, with no change in percentage terms. The stock has shown a positive performance in the short term, outperforming the sector by 0.86% today. However, the stock's delivery volume has significantly decreased by 64.42% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has risen by 2.82%, and in the last month, it has increased by 8.33%. Despite these short-term gains, the stock has a troubling year-to-date return of -66.18% and a one-year return of -75.47%. Positive factors contributing to the stock's recent movement include a remarkable growth in net profit of 12011.11% and consistent positive results over the last three quarters, alongside a significant increase in net sales.
In the broader market context, while the stock has outperformed the sector in the short term, it has underperformed the overall market, which has generated a return of 3.20% over the past year. The company's high debt levels and weak long-term fundamental strength, evidenced by a low annual growth rate in net sales and negative return on equity, raise concerns about its sustainability. Despite trading at a discount compared to its peers and showing attractive valuation metrics, the stock's long-term performance remains a significant issue, which may deter potential investors.