Why is Autoline Industr falling/rising?

As of 01-Sep, Autoline Industries Ltd is currently priced at 72.03, reflecting an increase of 1.2 or 1.69%. The stock has shown a trend reversal, gaining after seven consecutive days of decline, and reached an intraday high of Rs 72.55. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Over the past year, the stock has significantly underperformed, generating a return of -51.71%, while its profits have decreased by 26.5%. Despite these challenges, the company has seen rising promoter confidence, with a 3.43% increase in their stake, suggesting optimism about the company's future.
In the broader market context, Autoline Industries has underperformed the Sensex, which has declined by 1.56% over the past week compared to the stock's -1.13%. The auto ancillary sector has gained by 2.79%, indicating a contrasting performance relative to the sector. While the stock's recent price increase may reflect some positive sentiment due to rising investor participation and attractive valuations compared to peers, its high debt levels and weak long-term fundamentals continue to pose significant risks. The overall market environment appears to be challenging for Autoline Industries, as evidenced by its substantial negative returns over various time frames.