Why is Alfavision Overs falling/rising?

As of 24-Sep, Alfavision Overseas (India) Ltd is experiencing a price increase, currently at 6.45, reflecting a rise of 0.15 or 2.38%. The stock has shown a positive performance today, outperforming its sector by 2.57%, and has gained consecutively over the last two days, accumulating a total return of 3.86% during this period. However, despite this recent uptick, the stock has faced significant challenges, with a long-term decline evidenced by a 62.85% drop in the past year and a staggering 80.57% decrease over the last three years. The company is characterized by high debt levels, with a debt-to-equity ratio of 3.13, and poor long-term growth metrics, including a net sales decline of 48.20% annually over the last five years.
In the broader market context, while Alfavision's short-term performance has been positive, it contrasts sharply with the benchmark, as the Sensex has seen a decline of 1.18% over the past week. This indicates that while the stock is currently rising, it has consistently underperformed against the benchmark over the longer term, particularly in the last three years. The stock's liquidity remains adequate for trading, but falling investor participation, as indicated by a 16.53% drop in delivery volume, raises concerns about sustained interest in the stock. Overall, despite the recent gains, the underlying fundamentals suggest a challenging outlook for Alfavision Overseas, reinforcing its classification as a strong sell.