Why is Captain Pipes falling/rising?

As of 16-Sep, Captain Pipes Ltd is currently priced at 14.18, reflecting a slight increase of 0.04 or 0.28%. Despite this minor uptick, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has remained flat, while it has declined by 4.38% over the past month and 26.94% year-to-date. The company's performance has been hindered by poor long-term growth, as evidenced by a net sales annual growth rate of -0.14% over the last five years and a significant drop in profits of -18.7% over the past year. Although the company boasts a high return on capital employed (ROCE) of 16.31% and a low debt-to-EBITDA ratio of 0.91, these positive factors are overshadowed by its declining earnings per share and underperformance relative to the market.
In the broader market context, Captain Pipes has underperformed compared to the benchmark, with a one-year return of -13.06% against the BSE500's decline of only -2.93%. This stark contrast highlights the stock's struggles in a relatively stable market environment. While the stock has seen a rise in investor participation, with delivery volume increasing by 42.78% against the 5-day average, the overall sentiment remains cautious due to the company's flat results and expensive valuation metrics. The stock's performance today aligns with the sector, but the long-term outlook remains bleak, contributing to the perception of it being a sell despite the recent minor price increase.