Why is RR Metalmakers falling/rising?

As of 07-Jul, RR Metalmakers India Ltd is experiencing a decline in its stock price, currently at Rs 34.11, which reflects a decrease of Rs 1.39 or 3.92%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total return drop of 9.64% during this period. Today's trading saw the stock reach an intraday low of Rs 33.8, and it is trading below all key moving averages, indicating a bearish trend. Additionally, investor participation has significantly decreased, with delivery volume plummeting by 98.86% compared to the five-day average. Despite a very attractive valuation with a high return on capital employed and a low PEG ratio, the company faces challenges such as high debt levels and poor long-term growth, which contribute to its negative performance.
In the broader market context, RR Metalmakers has underperformed relative to the Sensex, with a one-week return of -10.92% compared to the benchmark's slight decline of -0.20%. Over the past month, however, the stock has shown some resilience with a return of +4.44%, while the Sensex gained +1.53%. Despite this short-term recovery, the long-term outlook remains bleak, as the stock has generated a return of -33.73% over the past year, significantly lagging behind the broader market's +4.31% return. The combination of high debt, weak sales growth, and recent negative financial results further exacerbates the stock's challenges, leading to its current downward trajectory.