Why is Debock Industrie falling/rising?

As of 25-Sep, Debock Industries Ltd's stock price is currently at 2.26, reflecting a decrease of 0.04 or 1.74%. The stock has shown a significant increase of 18.95% over the past week and 17.71% over the past month, although it has a troubling year-to-date return of -41.15%. Today's price summary indicates that the stock is underperforming its sector by 1.04%, despite having higher trading volumes and being liquid enough for trades. The company has a very attractive valuation with a low Price to Book Value of 0.2, but it has also faced operating losses and a significant decline in net sales, which has contributed to its weak long-term fundamental strength.
In the broader market context, Debock Industries has consistently underperformed against the benchmark, with a one-year return of -62.33% compared to the BSE500's -4.28%. This consistent underperformance over the past three years highlights the challenges the company faces, particularly in generating profitability, as evidenced by its low Return on Equity of 2.3%. While the stock is trading at a discount compared to its peers, the ongoing operating losses and declining profits suggest that investor confidence may be waning, contributing to the recent price decline.