Why is Rungta Irrigatn. falling/rising?

As of 03-Sep, Rungta Irrigation Ltd's stock price is currently at 63.00, reflecting an increase of 0.9 or 1.45%. The stock has been gaining for the last three days, with a total return of 3.24% during this period. Despite this recent uptick, the stock has underperformed the Sensex over the past week, showing a decline of 0.77% compared to the benchmark's decrease of 0.27%. The stock's performance over the past year has been negative at -11.89%, although it has seen a significant annual growth in net sales of 30.54%. However, the company faces challenges such as poor management efficiency, indicated by a low Return on Capital Employed (ROCE) of 3.70%, and a high Debt to EBITDA ratio of 3.79 times, which raises concerns about its ability to service debt.
In the broader market context, while Rungta Irrigation has shown a positive return of 1.43% over the past month, it has significantly lagged behind the Sensex, which has remained nearly flat at -0.04%. The stock's liquidity appears adequate for trading, but there has been a notable decline in investor participation, with delivery volume falling by 23.58% against the five-day average. This decline in participation, coupled with the company's flat results in net sales for the last quarter, suggests that while there may be some short-term gains, the overall outlook remains cautious due to underlying financial inefficiencies and market conditions.