Why is Alok Industries falling/rising?

As of 16-Jul, Alok Industries Ltd is currently priced at 20.79, reflecting a slight increase of 0.02 (0.1%). The stock has shown a trend reversal by gaining after five consecutive days of decline. However, it has underperformed its sector by 0.43% today, and its delivery volume has significantly decreased by 66.85% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has declined by 4.63%, while it has seen a modest increase of 3.54% over the past month. Despite this recent uptick, the company faces significant challenges, including a negative book value, poor long-term growth, and high debt levels, which contribute to its classification as a strong sell. The company has reported negative results for the last four consecutive quarters, with a substantial loss in profit after tax and declining net sales, further impacting investor sentiment.
In the broader market context, Alok Industries has underperformed compared to the benchmark Sensex, which has gained 1.02% over the past month. While the stock has shown some recovery in the short term, its year-to-date performance remains negative at -1.19%, contrasting sharply with the Sensex's positive return of 5.75%. The stock's long-term performance is concerning, with a significant decline of 22.91% over the past year, while the broader market has generated a modest return of 0.47%. This underperformance, coupled with the company's weak fundamentals and low mutual fund interest, suggests that the stock's recent price movement may not be sustainable in the face of ongoing financial challenges.