Why is Duroply Indust. falling/rising?

As of 23-Sep, Duroply Industries Ltd's stock price is currently at Rs 183.75, reflecting an increase of Rs 3.75 or 2.08%. The stock has shown a positive trend recently, gaining for three consecutive days with a total return of 2.65% during this period. It outperformed its sector by 1.8% today and reached an intraday high of Rs 188, which is a 4.44% increase. However, despite this recent uptick, the stock has experienced a significant decline over the past year, with a return of -41.72%. The company has reported positive results for the last three consecutive quarters, with a profit after tax growth of 62.83%. Additionally, it is trading at a discount compared to its peers, supported by a favorable PEG ratio of 0.5. Nonetheless, the stock faces challenges due to weak long-term fundamentals, including a high debt-to-EBITDA ratio and a significant percentage of promoter shares being pledged.
In the broader market context, Duroply's short-term performance has been notably better than the benchmark, as it has gained 3.23% over the past week while the Sensex has declined by 0.34%. However, the stock's long-term performance remains concerning, with a year-to-date decline of -22.79% compared to a 5.07% increase in the Sensex. This disparity highlights the stock's struggles in the longer term, despite recent positive movements. The falling investor participation, indicated by a 52.61% drop in delivery volume, suggests that while there may be short-term gains, the overall sentiment towards the stock remains cautious, reflecting its underperformance in the broader market over extended periods.