Why is Garment Mantra falling/rising?

As of 08-Jul, Garment Mantra Lifestyle Ltd is currently priced at 1.99, showing no change (0.00%). The stock has recently demonstrated a strong performance, with a 13.71% increase over the past week and a 9.94% rise over the past month, significantly outperforming the Sensex, which has only increased by 0.02% and 1.85% respectively during the same periods. Today's price summary indicates that the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 94.5% compared to the 5-day average. Despite these positive indicators, the stock has a concerning long-term fundamental strength, evidenced by a -6.23% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.14 times, which may weigh on investor sentiment.
In the broader market context, while Garment Mantra has shown impressive short-term returns, it has consistently underperformed against the benchmark over the last three years, generating a -18.57% return compared to the Sensex's 4.69% over the same period. This underperformance, coupled with negative financial results such as a significant drop in net sales and low inventory turnover, raises concerns about the company's long-term viability. Although the stock is trading at a discount compared to its peers and has a very attractive valuation with a low PEG ratio, the overall weak fundamentals and historical underperformance against the benchmark may lead investors to remain cautious.