Why is Globe Textiles falling/rising?

As of 23-Oct, Globe Textiles (India) Ltd is currently priced at 2.35, reflecting an increase of 0.01 or 0.43%. Despite this slight rise, the stock has underperformed its sector by 0.84% today. The stock has shown a positive return of 4.91% over the past week and month, but it has significantly lagged behind with a year-to-date decline of 52.72%. The stock is trading at a discount compared to its peers, with a very attractive valuation indicated by a Return on Capital Employed (ROCE) of 6.8. However, the company faces challenges such as a high Debt to EBITDA ratio and weak long-term growth, which contribute to its overall negative performance, including a 53% drop in returns over the past year.
In the broader market context, the Sensex has increased by 1.20% over the past week and 2.87% over the past month, indicating that Globe Textiles is not keeping pace with the market. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume by 45.75% against the 5-day average suggests declining investor interest. Furthermore, the stock has consistently underperformed against the benchmark over the last three years, which may deter potential investors. Overall, while there are some positive factors regarding valuation and profit growth, the negative aspects of long-term performance and financial stability overshadow the recent price increase.