Why is Bannari Amm Spg. falling/rising?

As of 01-Sep, Bannari Amman Spinning Mills Ltd is currently priced at 29.30, reflecting an increase of 0.23 or 0.79%. Despite this slight uptick, the stock has shown a concerning trend, having underperformed its sector by 0.25% today and is still trading lower than all key moving averages. The stock is also close to its 52-week low, being only 4.74% away from Rs 27.91. Over the past year, the stock has generated a significant return of -52.69%, indicating persistent underperformance against the benchmark. While the company has reported very positive results, including a 147.83% growth in net profit and consistent positive results over the last four quarters, it faces challenges such as a weak long-term fundamental strength and a high debt to EBITDA ratio.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, with a 1-week return of -0.51% compared to the Sensex's -1.56%. However, the stock's long-term performance remains troubling, as it has consistently underperformed against the benchmark over the last three years, with a staggering -50.67% return over that period. This underperformance, coupled with a low ability to service debt and a low return on equity, suggests that while there may be some short-term gains, the overall outlook for Bannari Amman Spinning Mills Ltd remains negative in the context of broader market trends.