Why is Dhatre Udyog falling/rising?

As of 16-Sep, Dhatre Udyog Ltd's stock price is currently at 7.15, reflecting an increase of 0.2 or 2.88%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline, outperforming its sector by 2.22%. In the past week, the stock has shown a positive return of 3.32%, although it has underperformed over the past month with a decline of 2.59%. Despite the recent uptick, the stock has experienced significant losses over the past year, with a return of -43.79%, and its profits have plummeted by 86.9%. The company has a very attractive valuation with a return on equity of 11.7 and a price-to-book value of 1.1, but it is trading at a discount compared to its peers. However, the company is facing challenges such as high debt levels, operating losses, and a decrease in promoter confidence, which may hinder its long-term growth prospects.
Broader market context indicates that while Dhatre Udyog has shown a positive short-term return, it has significantly lagged behind the benchmark, with the Sensex returning 1.58% in the past week. The stock's long-term performance is concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The high debt-to-equity ratio of 6.73 times and a declining net sales growth rate of -17.67% over the last five years further contribute to a weak long-term fundamental strength. Overall, while there are short-term gains, the broader context suggests that the stock's long-term outlook remains precarious.