Why is Deep Polymers falling/rising?

As of 09-Sep, Deep Polymers Ltd is currently priced at 50.12, reflecting a slight increase of 0.07 or 0.14%. The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, the stock has underperformed significantly over various periods, with a year-to-date return of -26.91% and a one-year return of -43.69%. Despite these challenges, there are positive indicators such as a low debt-to-equity ratio of 0.45, healthy long-term growth in operating profit at an annual rate of 40.02%, and increased promoter confidence with a 0.66% rise in stake, suggesting a belief in the company's future potential.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has declined by 1.16% over the past month while the Sensex has gained 1.56%. This consistent underperformance against the benchmark over the last three years highlights the challenges faced by Deep Polymers. The company's low return on capital employed (ROCE) of 5.7 and recent negative financial results, including a 41.49% decline in profit after tax, further contribute to investor caution. Overall, while there are some positive factors, the stock's recent movement reflects a complex interplay of declining performance metrics and a lack of investor participation.