Why is RR Metalmakers falling/rising?

As of 26-Jun, RR Metalmakers India Ltd is experiencing a decline in its stock price, currently at Rs 37.61, reflecting a decrease of 1.97 (-4.98%). The stock has underperformed its sector by 4.89% today and has been on a downward trend for the past two days, with a total decline of 9.72% during this period. Over the last week, the stock has seen a significant drop of 11.09%, while it has managed a positive return of 20.01% over the past month. Despite a notable increase in profits by 60% over the past year, the stock has generated a negative return of -11.67%, indicating ongoing challenges. The company has a high debt level, with a Debt to Equity ratio of 3.05, and has shown poor long-term growth, with net sales declining at an annual rate of -15.48% over the last five years.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained 2.94% over the past week and 1.92% over the past month. This consistent underperformance against the benchmark over the last three years highlights the stock's struggles, particularly with negative results reported in March 2025, where net sales dropped significantly. While the stock is trading at a discount compared to its peers and has an attractive valuation with a PEG ratio of 0.3, the high debt and weak long-term fundamentals contribute to its current price decline.