Why is Archidply Inds. falling/rising?

As of 08-Sep, Archidply Industries Ltd is experiencing a price increase, currently at 100.27, reflecting a rise of 1.77 or 1.8%. The stock has shown a trend reversal by gaining after two consecutive days of decline, and it outperformed its sector by 2.96% today. It reached an intraday high of Rs 101.09, indicating positive momentum. Despite a year-to-date decline of 11.30% and a significant drop of 25.70% over the past year, the stock's recent performance has been bolstered by a notable increase in delivery volume, which rose by 111.32% compared to the five-day average. However, the company faces challenges, including a high Debt to EBITDA ratio and a significant decline in profits, which may temper investor enthusiasm.
In the broader market context, Archidply's short-term return of 1.33% over the past week outperformed the Sensex, which only gained 0.53% during the same period. While the stock has struggled over the longer term, with a 25.70% decline in the past year compared to the Sensex's slight drop of 0.49%, the recent uptick may reflect a temporary recovery or investor speculation amidst its attractive valuation relative to peers. Nonetheless, the company's weak long-term fundamentals and high debt levels could pose risks that may affect its future performance.