Why is Haldyn Glass falling/rising?

As of 15-Jul, Haldyn Glass Ltd's stock price is currently at Rs 135.55, reflecting an increase of Rs 3.4 or 2.57%. The stock has shown strong performance recently, gaining 26.56% over the last four days and outperforming its sector by 1.84% today. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, despite this upward movement, the stock has a year-to-date return of -7.25%, and its profits have declined by 23.4% over the past year, which may raise concerns among investors. Additionally, the company's low Debt to EBITDA ratio of 1.12 times and attractive valuation compared to peers provide some support for the stock, but the flat results and declining net sales could be potential red flags.
In the broader market context, Haldyn Glass has significantly outperformed the benchmark Sensex over the past week, with a return of +24.99% compared to the Sensex's -1.36%. This stark contrast highlights the stock's strong short-term performance relative to the market. However, the long-term outlook appears less favorable, as domestic mutual funds hold no stake in the company, possibly indicating a lack of confidence in its future growth prospects. Overall, while the stock is currently rising, the mixed signals from its financial performance and market participation suggest that investors should remain cautious.