Why is Rungta Irrigatn. falling/rising?

As of 19-Sep, Rungta Irrigation Ltd is experiencing a decline in its stock price, currently at 64.00, which reflects a decrease of 2.4 or 3.61%. Today's price summary indicates that the stock has underperformed its sector by 2.95% and opened with a significant loss of 5.12%. The stock has fallen after two consecutive days of gains, reaching an intraday low of Rs 62, which is a drop of 6.63%. Additionally, Rungta Irrigation is trading below its moving averages across multiple time frames, and there has been a notable decrease in investor participation, with delivery volume plummeting by 91.17% compared to the five-day average. Over the past year, the stock has generated a return of -11.11%, despite a 27.3% increase in profits, indicating a disconnect between profitability and stock performance.
In the broader market context, Rungta Irrigation's short-term performance has been negative, with a one-week return of -3.02%, while the benchmark Sensex has gained 0.88%. This underperformance is compounded by the company's poor management efficiency, as evidenced 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. Although the company has shown healthy long-term growth with net sales increasing at an annual rate of 30.54%, the recent flat results and significant drop in quarterly net sales by 33.5% compared to the previous four-quarter average have negatively impacted investor sentiment, contributing to the stock's decline.