Why is Rungta Irrigatn. falling/rising?

As of 02-Sep, Rungta Irrigation Ltd is currently priced at Rs. 62.10, reflecting an increase of 0.3 or 0.49%. The stock has been gaining for the last two days, with a total return of 1.77% during this period. However, it has recently hit a new 52-week low of Rs. 56.56 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -14.05%, despite a 27.3% increase in profits, indicating a disconnect between stock performance and underlying financial health. The company has shown healthy long-term growth with net sales growing at an annual rate of 30.54%, but it also faces challenges such as poor management efficiency and a high Debt to EBITDA ratio, which may be contributing to investor caution.
In the broader market context, Rungta Irrigation's short-term performance has been relatively better than the benchmark Sensex, which has declined by 0.78% over the past week, while Rungta's stock has fallen by 2.19%. This indicates that while the stock is experiencing some upward movement recently, it has still underperformed compared to the benchmark over the longer term, particularly with a year-to-date decline of 20.38% against the Sensex's gain of 2.58%. The combination of falling investor participation and liquidity concerns, alongside the company's financial metrics, suggests that while there may be some positive sentiment in the short term, significant challenges remain that could hinder sustained recovery.