Why is Aditya Vision falling/rising?

As of 20-Jun, Aditya Vision Ltd's stock price is currently at 355.25, reflecting an increase of 19.1, or 5.68%. Today's performance indicates a trend reversal as the stock has gained after eight consecutive days of decline, outperforming its sector by 3.46%. The stock reached an intraday high of Rs 365.55, showcasing a significant daily range of Rs 33.55. Despite this positive movement, the stock has underperformed in the longer term, with a 1-month return of -17.77% and a year-to-date return of -30.40%. Positive factors contributing to the recent rise include high management efficiency, consistent growth in net sales and operating profit, and strong institutional holdings, which have increased by 4.03% over the previous quarter. However, the company also faces challenges such as a high debt-to-equity ratio of 1.54 and an expensive valuation relative to its peers.
In the broader market context, while Aditya Vision's stock has shown a short-term gain, it has significantly underperformed the benchmark Sensex, which has increased by 1.59% over the past week. The stock's year-long performance is also concerning, with a return of -16.35% compared to the market's positive return of 6.36%. This contrast highlights the stock's struggles despite recent gains, suggesting that while there may be short-term optimism, the overall sentiment remains cautious due to its historical underperformance and high debt levels.