Why is Electrotherm(I) falling/rising?

As of 07-Jul, Electrotherm (India) Ltd's stock price is currently at 1,090.00, reflecting an increase of 13.0, or 1.21%. The stock has shown a trend reversal, gaining after six consecutive days of decline, and has outperformed its sector by 1.46% today. Despite a recent 7.42% drop over the past week, the stock has delivered a positive return of 5.62% over the last month and an impressive 45.33% over the past year. However, the company faces challenges, including a negative book value and weak long-term fundamental strength, as evidenced by its declining net sales growth and high debt levels. The stock's performance is further complicated by negative results in the last three consecutive quarters, which may contribute to investor caution.
In the broader market context, while Electrotherm's recent performance has been strong relative to its historical returns, it has underperformed the benchmark Sensex over the past week, which only declined by 0.20%. The stock's liquidity appears adequate, with a delivery volume increase of 16.52% against the five-day average, suggesting rising investor participation. However, the low stake held by domestic mutual funds, at just 0.11%, indicates a lack of confidence in the company's valuation or business prospects, which could weigh on future price movements. Overall, while the stock has shown resilience in the short term, the underlying financial weaknesses and market sentiment present significant headwinds.