Why is Eurotex Industri falling/rising?

As of 24-Jun, Eurotex Industries and Exports Ltd is currently priced at 15.50, reflecting an increase of 0.07 or 0.45%. The stock has shown a positive trend recently, gaining 7.42% over the last three days, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this upward movement, the stock has underperformed its sector by 0.59% today. Positive quarterly results have contributed to the stock's rise, with the highest profit after tax recorded at Rs 1.67 crore and an earnings per share of Rs 1.91. However, the company faces significant challenges, including a negative book value, high debt levels, and a poor long-term growth outlook, which could weigh on investor sentiment.
In the broader market context, Eurotex's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.58% over the past week, while Eurotex has risen by 6.75%. However, the stock's year-to-date performance remains negative at -5.49%, contrasting with the Sensex's positive return of 5.01%. This divergence highlights the stock's volatility and the potential risks associated with its weak long-term fundamentals, despite recent gains.