Why is Go Fashion (I) falling/rising?

As of 19-Sep, Go Fashion (India) Ltd's stock price is currently at Rs 745.00, reflecting an increase of Rs 14.7 or 2.01%. The stock has been gaining for the last two days, with a total return of 2.76% during this period. It has outperformed its sector by 1.62% today. However, despite this recent uptick, the stock has shown significant underperformance over the longer term, with a year-to-date decline of 21.37% and a staggering 42.28% drop over the past year. The company's ability to service debt is strong, indicated by a low Debt to EBITDA ratio of 1.00 times, and it has a favorable ROCE of 15.1. Nonetheless, the stock's long-term growth prospects appear poor, with an annual operating profit growth rate of only 8.96% over the last five years.
In the broader market context, Go Fashion's short-term performance of +6.49% over the past month significantly outpaces the Sensex's +1.20% during the same period. However, the stock has consistently underperformed against the benchmark over the last three years, which may dampen investor sentiment. The recent increase in stock price may be attributed to high institutional holdings at 44.24%, suggesting confidence from larger investors. Despite this, the stock's flat results in June and a low debtors turnover ratio indicate underlying challenges that could affect its future performance. Overall, while the stock is experiencing a short-term rise, its long-term outlook remains concerning due to historical underperformance and growth issues.