Why is Filatex Fash. falling/rising?

As of 11-Aug, Filatex Fashions Ltd is currently priced at 0.62, showing no change (0.00%). The stock has experienced a 5.08% increase over the past week, contrasting with a decline of 10.14% over the past month. Today's performance is in line with the sector, and the stock is trading higher than its 5-day, 50-day, and 100-day moving averages, but lower than its 20-day and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 67.49% compared to the 5-day average. Despite a substantial year-to-date decline of 17.33%, the company has shown healthy long-term growth with an annual operating profit increase of 56.24%. However, the stock's low return on equity (ROE) of 0.41% and poor management efficiency raise concerns about profitability.
In the broader market context, the Sensex has declined by 0.51% over the past week, indicating that Filatex's short-term performance is outperforming the benchmark. However, the stock's year-to-date performance remains significantly lower than the Sensex's gain of 3.15%. The company's valuation appears fair with a price-to-book value of 0.2, suggesting it is trading at a discount compared to peers. Despite the positive growth in profits, the substantial drop in profitability metrics such as profit before tax and profit after tax, along with negligible domestic mutual fund holdings, may indicate a lack of confidence in the company's future prospects. This combination of factors contributes to the stock's recent volatility and overall performance.