Why is Chowgule Steam falling/rising?

As of 22-Sep, Chowgule Steamships Ltd's stock price is currently at Rs 23.65, reflecting an increase of Rs 1.05, or 4.65%. The stock has shown a positive trend recently, gaining 6.2% over the last two days and outperforming its sector by 3.37% today. Despite this short-term gain, the stock has a negative long-term outlook, characterized by a weak fundamental strength due to a negative book value and high debt levels. The company's net sales growth has been modest at an annual rate of 36.79%, with operating profit stagnating at 0% over the past five years. Additionally, the stock has underperformed significantly over the past year, generating a return of -12.08% while profits have declined by 65.1%.
In the broader market context, Chowgule Steamships Ltd's recent performance contrasts with the benchmark, as it has outperformed the Sensex by a notable margin in the short term, with a 5.35% increase over the past week compared to the Sensex's 0.46% rise. However, the stock's year-to-date performance remains concerning, with a decline of 18.45% against the Sensex's gain of 5.15%. This indicates that while the stock is experiencing a temporary rise, its long-term prospects remain bleak, and it continues to face challenges that could hinder sustained growth.