Why is Geekay Wires falling/rising?

As of 12-Sep, Geekay Wires Ltd is currently priced at 76.14, reflecting an increase of 0.46 or 0.61%. The stock has outperformed its sector today by 0.64%, although it has shown a decline of 0.59% over the past week. While the stock has gained 15.43% in the last month, it has significantly underperformed over the longer term, with a year-to-date decline of 23.15% and a staggering 41.04% drop over the past year. The stock is trading at a discount compared to its peers, but it has faced challenges such as a high Debt to EBITDA ratio of 5.32 times and negative results for the last five consecutive quarters, which contribute to its weak performance.
In the broader market context, the Sensex has increased by 1.51% over the past week and 2.56% over the last month, indicating a stronger performance compared to Geekay Wires. The company's ability to service its debt is low, and its operating profit growth has been poor, which raises concerns about its long-term viability. Despite the recent uptick in price, the overall trend shows that the stock has underperformed the market significantly over the past year, suggesting that investor confidence remains low amid ongoing financial struggles.