Why is Diligent Indust. falling/rising?

As of 14-Aug, Diligent Industries Ltd is experiencing a price increase, currently at 2.43, reflecting a rise of 0.07 or 2.97%. Today's price summary indicates that the stock has outperformed its sector by 3.3% and has shown a trend reversal after two consecutive days of decline. Despite a negative return of -3.95% over the past week, the stock has gained 7.52% in the last month. It is trading at a discount compared to its peers and has a very attractive valuation with a return on capital employed (ROCE) of 6.1. However, the stock has underperformed significantly over the past year with a return of -47.82%, despite a 24.8% increase in profits, indicating potential concerns regarding long-term growth and debt servicing capabilities.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has remained relatively flat with a change of -0.03% over the past week. While Diligent Industries has shown some short-term recovery, its long-term fundamentals remain weak, as evidenced by a high debt to EBITDA ratio and poor sales growth over the last five years. This juxtaposition highlights the challenges the company faces in sustaining its recent price movement amidst broader market conditions.