Why is Royal India Corp falling/rising?

As of 28-Aug, Royal India Corporation Ltd's stock price is currently at Rs. 6.45, reflecting a decrease of Rs. 0.31 or 4.59%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a significant decline of 17.31% over the past week. Additionally, it has reached a new 52-week low of Rs. 6.43 today. Despite the company reporting positive results over the last four quarters, including a remarkable growth in net sales and profits, the stock has underperformed its sector by 3.55% today and has shown a staggering decline of 83.58% over the past year, indicating serious concerns about its long-term growth potential and high debt levels. In the broader market context, the Sensex has experienced a decline of only 2.34% over the past week, highlighting the stark contrast between Royal India Corporation's performance and that of the benchmark. While the company has seen a rise in investor participation, as evidenced by a 312.5% increase in delivery volume, its high debt-to-equity ratio and negative return on equity raise significant red flags for investors. The stock's performance has been notably poor compared to the market, which has generated negative returns of only 5.01% in the last year, further emphasizing the challenges faced by Royal India Corporation in maintaining investor confidence.