Why is Globe Textiles falling/rising?

As of 19-Sep, Globe Textiles (India) Ltd is currently priced at 2.20, reflecting a rise of 0.02 or 0.92%. The stock has shown a performance today that outperformed its sector by 0.72%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weaker trend. Over the past year, the stock has generated a return of -57.28%, significantly underperforming against the benchmark, while its profits have increased by 6.3%. Despite a very attractive valuation with a ROCE of 6.8 and trading at a discount compared to peers, the stock's long-term fundamentals are weak, with a high Debt to EBITDA ratio and poor growth in net sales.
In the broader market context, the stock's short-term performance has been flat, with a 1-week return of 0.00% compared to the Sensex's gain of 0.85%. Over the last month, Globe Textiles has declined by 3.08%, while the Sensex has increased by 1.39%. This consistent underperformance against the benchmark over the last three years, coupled with a significant drop in returns, suggests that investor sentiment remains cautious. The rising investor participation, indicated by a 67.21% increase in delivery volume, may reflect some interest in the stock, but the overall trend remains negative due to the company's fundamental weaknesses.