Why is Golden Tobacco falling/rising?

As of 24-Sep, Golden Tobacco Ltd is currently priced at 35.75, reflecting a slight increase of 0.05 or 0.14%. The stock has shown a positive trend recently, gaining 1.85% over the last two days and outperforming its sector by 0.47%. However, despite this short-term gain, the stock has experienced a decline of 1.24% over the past month and a significant drop of 12.91% over the past year. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength. Additionally, the stock is characterized by high debt levels and has consistently underperformed against benchmarks over the past three years, contributing to its overall risk profile.
In the broader market context, while Golden Tobacco has outperformed the Sensex by 2.14% over the past week, it still lags behind in longer-term performance, with a year-to-date return of -8.80% compared to the Sensex's gain of 4.58%. The stock's recent gains may be attributed to short-term trading activity, but the lack of investor participation, as indicated by a 14.3% drop in delivery volume, suggests caution among investors. The overall market sentiment appears to be cautious, reflecting the company's weak fundamentals and historical underperformance, which may overshadow any recent positive price movements.