Why is Borosil Renew. falling/rising?

As of 31-Jul, Borosil Renewables Ltd is experiencing a price increase, currently at 613.05, reflecting a rise of 4.05 (0.67%). The stock has shown a positive performance today, outperforming its sector by 1.3%, and has gained for the last two consecutive days, accumulating a return of 0.72% during this period. However, it opened the day with a loss of 3.19%, reaching an intraday low of Rs 589.6. Over the past month, the stock has performed well, with a return of 24.20%, while it has also outperformed the broader market, which has seen a decline of 3.00%. Despite these positive short-term movements, the company faces challenges such as weak long-term fundamental strength, evidenced by a -193.46% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 2.73 times, which may raise concerns among investors.
In the broader market context, while the stock has generated a return of 9.88% over the past year, the benchmark Sensex has declined by 0.68%, indicating that Borosil Renewables Ltd has managed to outperform the market despite its challenges. The stock's performance contrasts with the negative returns of the BSE500, which has seen a drop of 3.20% in the last year. However, the falling investor participation, with a 36.14% decrease in delivery volume, and the low stake held by domestic mutual funds may suggest a lack of confidence in the stock's long-term prospects. This combination of strong short-term performance against a backdrop of fundamental weaknesses and cautious investor sentiment contributes to the current dynamics of Borosil Renewables Ltd's stock price movement.