Why is Eureka Industrie falling/rising?

As of 19-Sep, Eureka Industries Ltd is currently priced at 8.90, reflecting a slight increase of 0.03 or 0.34%. The stock has been gaining momentum over the last two days, with a total return of 4.22% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in its price trend. Despite a significant drop of 17.21% over the past month, the company has shown strong performance over the year, with a return of 59.15%. Positive factors include consistent financial results over the last six quarters, with net sales and profit after tax both higher, and a strong debtors turnover ratio. However, the company also faces challenges, including a negative book value and a high debt to EBITDA ratio, which contribute to its classification as a risky investment.
In the broader market context, while the Sensex has gained 0.88% over the past week, Eureka Industries has underperformed with a decline of 5.42% in the same period. This divergence highlights the stock's recent struggles despite its strong long-term performance, as it has outpaced the broader market with an 18.12% increase year-to-date compared to the Sensex's 5.74%. The stock's recent gains may be attributed to positive investor sentiment following its strong quarterly results, but the overall market conditions and the company's long-term fundamental weaknesses suggest caution for potential investors.