Why is Automotive Stamp falling/rising?

As of 29-Jul, Automotive Stampings & Assemblies Ltd is experiencing a price increase, currently at Rs 515.45, reflecting a rise of Rs 13.3 or 2.65%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline, outperforming its sector by 1.17%. The stock reached an intraday high of Rs 518.8, although it is still trading below all its moving averages. Despite this positive movement, the stock has underperformed significantly over the past year, with a return of -48.83%, while the company's financial health remains concerning due to high debt levels and negative results over the last four quarters.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has seen a decline of 12.84% over the past week compared to a mere -1.03% drop in the Sensex. This indicates that while there is a slight uptick in the stock price today, the overall trend remains negative, particularly when viewed against the backdrop of its long-term performance and the broader market's relatively stable returns. The lack of domestic mutual fund investment suggests a lack of confidence in the company, further complicating its recovery prospects despite today's positive movement.