Why is Chowgule Steam falling/rising?

As of 28-Aug, Chowgule Steamships Ltd is experiencing a slight increase in its stock price, currently at Rs 22.48, reflecting a change of 0.13 or 0.58% upward. Despite this minor uptick, the stock has underperformed over the past month with a decline of 8.06% and a year-to-date drop of 22.48%. Today's performance indicates that it has outperformed its sector by 1.09%, although it is trading below all key moving averages, which suggests a bearish trend. The company has a negative book value and a weak long-term fundamental strength, with net sales growth at an annual rate of 36.79% and operating profit stagnant at 0% over the last five years. Additionally, the stock is considered risky due to a negative EBITDA and a significant profit decline of 65.1% over the past year.
In the broader market context, Chowgule Steamships Ltd's recent performance shows a slight improvement compared to the benchmark Sensex, which has fallen by 2.34% over the past week. However, the stock's year-long performance is significantly worse, with a return of -24.56% compared to the BSE500's -5.01%. This stark contrast highlights the company's struggles relative to the market, despite a recent rise in investor participation, as evidenced by a 303.55% increase in delivery volume. The high debt levels and poor long-term growth prospects further contribute to the stock's volatility and overall negative sentiment among investors.