Why is Rungta Irrigatn. falling/rising?

As of 24-Sep, Rungta Irrigation Ltd's stock price is currently at Rs 64.00, reflecting an increase of Rs 1.32 or 2.11%. Today's price summary indicates that the stock outperformed its sector by 2.18%, reaching an intraday high of Rs 68, which represents an 8.49% increase, although it also saw a low of Rs 61.2, marking a decline of 2.36%. Over the past week, the stock has experienced a slight decline of 1.16%, but it has shown a positive return of 0.95% over the past month. Despite a year-to-date drop of 17.95%, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 30.54%. However, the stock is trading below its moving averages and has seen a significant drop in delivery volume, indicating falling investor participation.
In the broader market context, Rungta Irrigation's recent performance has been slightly better than the benchmark Sensex, which fell by 1.18% over the same week. While the stock has shown strong growth over three and five years, its year-on-year return of -9.94% contrasts with the Sensex's decline of only 3.77%. The company's low return on capital employed (ROCE) and high debt-to-EBITDA ratio raise concerns about its profitability and ability to service debt, which may contribute to investor caution despite its attractive valuation compared to peers. Overall, while the stock has seen a positive movement today, underlying financial challenges and declining investor interest may temper its upward momentum.