Why is Asit C Mehta Fin falling/rising?

As of 15-Sep, Asit C Mehta Financial Services Ltd is currently priced at 140.50, reflecting a slight increase of 0.5 (0.36%). The stock has outperformed its sector today by 0.83% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, the stock has shown a decline of 7.50% over the past month and a year-to-date decrease of 4.75%. Despite a negative return of -0.81% over the past year, the company's profits have risen by 62.3%. The stock is considered to have a very attractive valuation with a low enterprise value to capital employed ratio, but it also faces challenges such as operating losses and a high debt-to-equity ratio of 4.99 times, which indicates weak long-term fundamental strength.
In the broader market context, the Sensex has increased by 1.24% over the past week, while Asit C Mehta Financial Services Ltd has only gained 0.36% in the same period, indicating underperformance relative to the benchmark. The company's high debt levels and operating losses contribute to a cautious outlook, despite its attractive valuation metrics. The decline in delivery volume by 42.64% against the 5-day average suggests a reduction in investor participation, which may further impact the stock's performance negatively. Overall, while there are some positive indicators, the combination of high debt and operating losses presents significant headwinds for the stock's future growth.