Why is Alps Industries falling/rising?

As of 24-Sep, Alps Industries Ltd is currently priced at 1.84, reflecting an increase of 0.07 or 3.95%. Today's performance indicates that the stock has outperformed its sector by 4.38%, with a delivery volume that has risen by 3.42% compared to the 5-day average. However, despite this short-term gain, the stock has shown significant underperformance over longer periods, with a year-to-date decline of 41.59% and a one-year return of -46.51%. The company is facing serious challenges, including a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its classification as a strong sell. The stock's negative EBITDA and the fact that 46.27% of promoter shares are pledged further exacerbate its risk profile and may deter potential investors.
In the broader market context, while Alps Industries has shown a slight uptick today, its recent performance still lags behind the benchmark, which has seen a modest gain of 4.58% year-to-date. The stock's short-term rise contrasts sharply with its longer-term trends, where it has consistently underperformed against the BSE500 over the last three years. This persistent underperformance, coupled with the company's weak fundamentals, suggests that any short-term gains may not be sustainable in the face of ongoing financial difficulties and market pressures.