Why is Donear Inds. falling/rising?

As of 16-Sep, Donear Industries Ltd is currently priced at Rs 97.25, reflecting an increase of Rs 1.5 or 1.57%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and reached an intraday high of Rs 98. However, it remains 4.32% away from its 52-week low. Over the past week, the stock has outperformed the Sensex with a return of +2.91% compared to the benchmark's +1.58%. Despite this short-term gain, the stock has underperformed significantly over the year, with a return of -23.43% against the Sensex's -0.73%. The company's return on capital employed (ROCE) of 11.3 indicates an attractive valuation, but its profits have fallen by 13.2% over the past year, contributing to a weak long-term outlook.
In the broader market context, while Donear Industries has shown some short-term resilience, its long-term performance remains concerning, particularly with a high debt-to-EBITDA ratio of 6.91 times and a lack of domestic mutual fund investment, suggesting a lack of confidence among institutional investors. The stock's liquidity is adequate for trading, but the significant drop in delivery volume by 50.82% indicates falling investor participation. Overall, despite a slight uptick in price, the underlying fundamentals and broader market performance suggest that the stock faces ongoing challenges that could hinder sustained growth.