Why is Sandhar Tech falling/rising?

As of 19-Sep, Sandhar Technologies Limited is experiencing a slight increase in its stock price, currently at 461.70, reflecting a change of 1.1 (0.24%) upward. Today's price summary indicates that the stock is performing in line with its sector, with a delivery volume that has risen significantly by 54.85% compared to the 5-day average. Despite a recent 1-week decline of -0.11%, the stock has shown a positive return of +4.22% over the past month. However, it has underperformed over the longer term, with a year-to-date return of -9.58% and a one-year return of -22.04%, despite an increase in profits by 18.2%. The company has a healthy long-term growth outlook, with an operating profit growth rate of 42.83% and an attractive valuation compared to its peers.
In the broader market context, the Sensex has gained +0.88% over the past week, contrasting with Sandhar's slight decline, indicating that the stock is not keeping pace with the benchmark. Over the past year, while the market has seen a minor decline of -0.67%, Sandhar's substantial drop of -22.04% highlights its underperformance. Factors contributing to this include a high debt-equity ratio and poor operating profit to interest ratio, which may raise concerns among investors. Despite these challenges, the stock's recent price movement suggests some positive sentiment, likely driven by increased investor participation and a favorable valuation compared to historical averages.