Why is Banswara Syntex falling/rising?

As of 18-Jul, Banswara Syntex Ltd's stock price is currently at 146.05, reflecting an increase of 1.3, or 0.9%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and opened with a gain of 2.11%. It reached an intraday high of Rs 148.1, indicating strong performance within the day. Over the past month, the stock has risen by 5.07%, contrasting with a 9.90% decline over the past year. While the stock is trading at a discount compared to its peers, it has faced challenges, including a significant drop in profits by 37.7% over the past year and a weak long-term fundamental strength, evidenced by a -10.57% CAGR growth in operating profits over the last five years.
In the broader market context, Banswara Syntex has outperformed the Sensex by 1.74% today, despite the benchmark index showing a slight decline of 0.90% over the past week. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting rising investor participation. However, the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's future performance. Overall, while the stock has shown some positive movement today, underlying issues such as high debt levels and declining profitability may continue to weigh on its long-term prospects.