Why is Bhandari Hosiery falling/rising?

As of 24-Sep, Bhandari Hosiery Exports Ltd's stock price is currently at 4.88, reflecting an increase of 0.03 or 0.62%. The stock has shown a trend reversal, gaining after five consecutive days of decline. Despite this recent uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has underperformed the benchmark over the past week, with a decline of 2.98% compared to the Sensex's drop of 1.18%. However, there has been a notable increase in investor participation, with delivery volume rising by 61.92% against the 5-day average. The stock is trading at a discount compared to its peers, and while it has generated a negative return of -30.39% over the past year, its profits have increased by 22.1%, indicating a potentially attractive valuation.
In the broader market context, Bhandari Hosiery's recent performance contrasts with the Sensex, which has gained 0.50% over the past month, while the stock has declined by 5.24%. This consistent underperformance against the benchmark over the last three years highlights the company's weak long-term fundamentals, including a low return on capital employed and poor growth in net sales. Despite the positive aspects of rising profits and attractive valuation metrics, the stock's overall trajectory remains concerning due to its high debt levels and recent flat quarterly results, which have contributed to its ongoing struggles in the market.