Why is Gulshan Polyols falling/rising?

As of 24-Sep, Gulshan Polyols Ltd is currently priced at 156.80, reflecting an increase of 1.55 (1.0%). The stock has shown a trend reversal, gaining after two consecutive days of decline, and it outperformed its sector by 1.49% today. However, despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Over the past week, the stock has decreased by 0.60%, and its year-to-date performance is down by 10.53%. While the company reported positive growth in profit before tax and net sales, it also faces challenges such as a high Debt to EBITDA ratio and low return on equity, which may contribute to investor caution.
In the broader market context, the Sensex has declined by 1.18% over the past week, while Gulshan Polyols has outperformed this benchmark, suggesting some resilience in its recent price action. However, the stock's longer-term performance remains concerning, with a 34.01% decline over the past year compared to a 3.77% drop in the Sensex. This consistent underperformance against the benchmark over the last three years, coupled with low domestic mutual fund interest, indicates a lack of confidence among institutional investors, which could weigh on the stock's future performance despite its recent gains.