Why is Cords Cable falling/rising?

As of 19-Sep, Cords Cable Industries Ltd is currently priced at 178.35, reflecting a slight increase of 0.15 (0.08%). The stock has shown a trend reversal by gaining after two consecutive days of decline, although it underperformed its sector by 0.3%. In terms of returns, the stock has experienced a 1-week increase of 0.56%, but it has declined by 1.90% over the past month and 14.87% year-to-date. Despite these short-term fluctuations, the company has reported positive results for the last seven consecutive quarters, with significant growth in profit after tax and net sales, indicating a strong operational performance. However, the stock's ability to service its debt remains a concern, as evidenced by a poor EBIT to Interest ratio, which may be contributing to investor caution.
In the broader market context, the stock's recent performance has been somewhat mixed compared to the benchmark Sensex, which has increased by 0.88% over the past week. While Cords Cable has shown a positive return in the short term, its longer-term performance is less favorable, with a year-to-date decline of 14.87% compared to the Sensex's gain of 5.74%. This disparity highlights the challenges the company faces in maintaining investor confidence, particularly given its weak return on equity and low profitability per unit of shareholder funds. Overall, while there are positive indicators in terms of growth and valuation, the stock's recent movements reflect underlying concerns about its financial health and market position.