Why is Amin Tannery falling/rising?

As of 11-Sep, Amin Tannery Ltd's stock price is currently at 2.08, reflecting an increase of 0.03 or 1.46%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 1.2% today, and there has been a notable increase in investor participation, with delivery volume rising by 50.94% compared to the 5-day average. However, despite a positive short-term performance, the stock has underperformed against the benchmark over the past year, with a return of -13.33%, and has consistently lagged behind the BSE500 in the last three years. The company is characterized by high debt and weak long-term fundamental strength, which may contribute to investor caution despite the recent uptick in price.
In the broader market context, the stock's short-term performance of +0.97% over the past month is slightly below the benchmark's return of +1.17%. This indicates that while the stock has seen a minor recovery, it still struggles to keep pace with the overall market. The company's high debt-to-equity ratio and low return on equity suggest underlying financial challenges that could hinder its long-term growth potential. Therefore, while there are some positive indicators in the short term, the overall outlook remains cautious due to the company's financial health and historical performance against the benchmark.