Why is DCM Nouvelle falling/rising?

As of 15-Jul, DCM Nouvelle Ltd's stock price is currently at 183.30, reflecting an increase of 0.9 or 0.49%. The stock has shown a positive trend recently, gaining 0.63% over the last two days, although it underperformed its sector by 0.85% today. In terms of returns, the stock has increased by 3.01% over the past week and 3.24% over the past month, despite a significant decline of 25.20% over the past year. Positive factors contributing to the stock's recent movement include a substantial growth in profit before tax and net sales, alongside an attractive valuation compared to peers. However, the stock also faces challenges, such as weak long-term fundamental strength and a high debt to EBITDA ratio, which may limit its growth potential.
In the broader market context, while DCM Nouvelle has experienced short-term gains, it has underperformed against the benchmark Sensex, which has shown a decline of 1.36% over the past week and an increase of 1.79% over the past month. The stock's year-to-date performance is notably poor, with a decline of 11.45%, contrasting sharply with the Sensex's gain of 5.67%. This underperformance over the longer term, combined with falling investor participation, suggests that while there may be short-term upward movements, the overall outlook remains cautious due to the company's weak long-term growth prospects.