Why is Acknit Indus. falling/rising?

As of 15-Sep, Acknit Industries Ltd is currently priced at 290.15, reflecting a slight increase of 0.05 or 0.02%. The stock has recently shown a trend reversal, gaining after three consecutive days of decline. However, it has underperformed its sector by 0.28% today. In terms of returns, the stock has experienced a 1-week decline of 2.31% and a year-to-date drop of 4.87%, while it has performed better over the longer term with a 3-year return of 72.14%. Despite its attractive valuation indicated by a return on capital employed (ROCE) of 10.1 and trading at a discount compared to peers, the stock's recent performance is hindered by a significant decrease in investor participation, with delivery volume falling by 59.88% against the 5-day average.
Broader market context shows that while the Sensex has gained 1.24% over the past week, Acknit Industries Ltd has not kept pace, indicating a relative weakness in the stock's performance. The company's long-term fundamentals are concerning, with a high debt-to-EBITDA ratio of 3.38 times and a decline in profits over the past year, which has contributed to its negative sentiment among investors. The flat results reported in June, including a 13.6% drop in profit after tax and the lowest net sales figures, further exacerbate the stock's challenges in the current market environment.