Why is Alok Industries falling/rising?

As of 05-Sep, Alok Industries Ltd is currently priced at 18.30, reflecting an increase of 0.18 or 0.99%. The stock has outperformed its sector today by 1.43%, although it is trading above its 5-day and 20-day moving averages while remaining below its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 5.11%, but it has seen a decline of 3.02% over the past month and a significant drop of 34.94% over the past year. The company's financial health is concerning, with negative results reported for the last five consecutive quarters, a negative book value, and a high debt-to-equity ratio. These factors contribute to a weak long-term fundamental strength, which may be influencing the stock's recent price movements.
In the broader market context, while Alok Industries has shown a short-term gain, it has consistently underperformed against the benchmark, with a return of -34.94% over the past year compared to a -1.81% decline in the Sensex. This underperformance is compounded by a falling investor participation, as evidenced by a 21.82% decrease in delivery volume against the 5-day average. The limited stake held by domestic mutual funds, at only 0.45%, suggests a lack of confidence in the company's prospects, which may further impact its stock price negatively. Overall, despite a slight uptick in price, the underlying fundamentals and market sentiment indicate a challenging environment for Alok Industries.