Why is Amarjothi Spg. falling/rising?

As of 16-Sep, Amarjothi Spinning Mills Ltd's stock price is currently at 163.90, reflecting an increase of 1.75, or 1.08%. The stock has been gaining momentum, having risen 8.76% over the last three days, although it underperformed its sector by 0.37% today. Despite this recent uptick, the stock has shown a significant decline of 27.91% over the past year, with profits down by 5.7%. The stock is trading at a discount compared to its peers, and its valuation appears attractive with a Return on Capital Employed (ROCE) of 9.5. However, the long-term fundamentals remain weak, as indicated by a poor growth rate in net sales and operating profit over the last five years.
In the broader market context, Amarjothi's short-term performance of +8.51% over the past week significantly outpaces the benchmark Sensex, which has only increased by 1.58% during the same period. However, the stock's year-to-date performance of -25.09% starkly contrasts with the Sensex's positive return of 5.43%. This consistent underperformance against the benchmark over the last three years raises concerns about its long-term viability, despite the recent gains. The increase in investor participation, as evidenced by a substantial rise in delivery volume, suggests some renewed interest, but the overall outlook remains cautious due to the company's weak fundamentals and negative quarterly results.