Why is Filatex Fash. falling/rising?

As of 21-Jul, Filatex Fashions Ltd is currently priced at 0.70, reflecting an increase of 0.02 or 2.94%. The stock has shown a positive performance today, outperforming its sector by 3.36%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend. Over the past week, the stock has gained 1.45%, while it has surged by 34.62% over the past month. However, despite this recent uptick, the company faces significant challenges, including a low return on equity of 0.41%, declining profitability metrics, and a substantial drop in investor participation, with delivery volume falling by 38.96% against the 5-day average. These factors suggest that while the stock is experiencing a short-term rise, underlying issues may limit its long-term potential.
In the broader market context, Filatex Fashions Ltd's short-term return of 1.45% over the past week contrasts with the Sensex, which has seen a slight decline of 0.06%. This indicates that the stock is performing better than the overall market in the short term. However, the company's year-to-date performance remains negative at -6.67%, compared to the Sensex's positive return of 5.20%. The significant underperformance over the past year, with a decline of 49.86%, raises concerns about the stock's sustainability despite its recent gains. The lack of domestic mutual fund investment further underscores a cautious outlook from institutional investors, suggesting that while the stock may be rising in the short term, long-term confidence remains low.