Why is Varroc Engineer falling/rising?

As of 26-Jun, Varroc Engineering Ltd's stock price is rising, currently at 579.85, reflecting an increase of 5.85 (1.02%). The stock has shown strong performance recently, gaining 6.88% over the last three days and outperforming its sector by 0.69%. Additionally, it has outperformed the benchmark Sensex over the past week and month, with returns of 6.04% and 12.81%, respectively. Despite a negative year-to-date return of -1.09% and a one-year decline of -11.84%, the stock's long-term growth prospects appear healthy, with an annual operating profit growth rate of 39.24%. However, the company faces challenges, including a high Debt to EBITDA ratio of 4.83 times and a significant drop in profits over the past year, which may temper investor enthusiasm.
Broader Market Context: The stock's recent gains come amid a broader market context where the Sensex has also performed positively, with a 2.94% increase over the past week and a 1.92% increase over the past month. While Varroc Engineering has outperformed the benchmark in the short term, it has underperformed over the past year compared to the market's overall return of 4.11%. This contrast highlights the stock's volatility and the mixed signals it sends to investors, balancing strong short-term gains against a backdrop of longer-term underperformance and financial challenges.