Why is Globale Tessile falling/rising?

As of 18-Sep, Globale Tessile Ltd's stock price is currently at 14.13, reflecting an increase of 0.18 or 1.29%. Today's performance indicates that the stock has outperformed its sector by 1.09%. While the stock is trading higher than its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. Despite a slight positive movement today, the stock has shown a significant decline over the past year, with a return of -61.39%. The company faces challenges such as operating losses, a high Debt to EBITDA ratio of 3.05 times, and a low average Return on Equity of 2.13%, indicating weak long-term fundamental strength and low profitability. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 57.46% compared to the 5-day average.
In the broader market context, the stock's short-term return of +0.07% over the past week is significantly lower than the benchmark Sensex, which has increased by 1.80% during the same period. Over the past month, Globale Tessile's return of +4.74% also lags behind the Sensex's +2.14%. This underperformance is compounded by the company's negative EBITDA and flat results reported in June, suggesting a concerning outlook for both short-term and long-term performance. Overall, while there is a slight uptick in the stock price today, the underlying fundamentals and broader market trends indicate a challenging environment for Globale Tessile Ltd.