Why is Bhilwara Spinner falling/rising?

As of 18-Sep, Bhilwara Spinners Ltd's stock price is currently at Rs 120.00, reflecting an increase of Rs 1.45 or 1.22%. The stock opened with a gain of 3.75% today and reached an intraday high of Rs 123. Despite this positive movement, the stock is still trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 0.83%, while it has shown a modest gain of 3.00% over the past month. However, the company has faced significant challenges, including a negative net sales growth of -23.51% and a poor return on capital employed (ROCE) of 0.53%, which contribute to its weak long-term fundamental strength.
In the broader market context, while the Sensex has increased by 1.80% over the past week and 2.14% over the past month, Bhilwara Spinners has underperformed significantly, particularly with a year-to-date decline of 19.46% compared to the Sensex's gain of 6.24%. The stock's performance has been notably poor over the last year, with a return of -27.67%, which is much worse than the market's overall negative return of -1.96%. This stark contrast highlights the challenges faced by Bhilwara Spinners, including high debt levels and declining profitability, which have led to a perception of the stock as a strong sell despite today's temporary price increase.