Why is Ankit Met.Power falling/rising?

As of 25-Sep, Ankit Metal & Power Ltd's stock price is currently at 2.13, reflecting an increase of 0.1, or 4.93%. The stock has shown a positive performance today, outperforming its sector by 5.35%, and has been on a consecutive gain for the last two days, rising 9.23% during this period. However, the company has not declared results in the last six months, and its long-term fundamentals appear weak, with net sales growing at an annual rate of only 18.32% and a debt-to-equity ratio averaging at 0 times. Additionally, the company has reported negative results for the last three consecutive quarters, with a significant decline in net profit and a substantial increase in raw material costs, indicating a challenging financial environment that could impact investor confidence.
In the broader market context, Ankit Metal & Power Ltd has outperformed the benchmark Sensex in the short term, with a one-week return of +11.52% compared to the Sensex's -2.23%. Despite this short-term outperformance, the stock has consistently underperformed against the benchmark over the last three years, with a year-to-date return of -54.78% compared to the Sensex's +3.87%. This persistent underperformance, combined with falling investor participation and liquidity concerns, suggests that while there may be short-term gains, the long-term outlook remains precarious for the stock.