Why is Autoline Industr falling/rising?

As of 04-Sep, Autoline Industries Ltd is currently priced at Rs 72.00, reflecting a decline of Rs 1.45 or 1.97%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 2.69%. Although it reached an intraday high of Rs 75.81 today, the overall performance has been lackluster, with a 1-month return of -0.84% and a staggering -49.28% over the past year. The company's financial health is concerning, as it has a high debt-to-equity ratio of 2.93 and has reported a significant drop in profits, with a 99.6% decrease in PAT compared to previous quarters. However, there is some positive sentiment as promoters have increased their stake by 3.43%, indicating confidence in the company's future.
In the broader market context, Autoline Industries has shown a short-term return of +0.91% over the past week, which is slightly better than the Sensex's return of +0.80%. Despite this, the stock has significantly underperformed the benchmark over longer periods, including a -33.36% year-to-date return compared to the Sensex's +3.30%. The company's weak long-term fundamentals, combined with its recent negative financial results and high debt levels, contribute to a bearish outlook, overshadowing the positive indicators such as rising promoter confidence and attractive valuations relative to peers.