Why is HMA Agro Inds. falling/rising?

As of 17-Nov, HMA Agro Industries Ltd's stock price is currently at Rs 31.98, reflecting an increase of Rs 1.96 or 6.53%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and opened with a gap up of 3.26%. It reached an intraday high of Rs 33.02, marking a 9.99% increase. Over the past week, the stock has outperformed its sector by 6.2%, with a weekly return of 4.17% and a monthly return of 6.81%. However, it has faced significant challenges over the longer term, with a year-to-date decline of 19.85% and a one-year drop of 23.14%. The company's return on capital employed is relatively low at 5.5%, and despite a 49% increase in profits over the past year, the stock's performance remains underwhelming due to a high debt to EBITDA ratio and weak long-term fundamentals.
In the broader market context, HMA Agro's short-term performance has outpaced the Sensex, which has returned 1.69% over the past week. However, the stock's long-term performance is concerning, as it has underperformed the benchmark over the past year and three years. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects. While the stock is trading at a discount compared to its peers, the overall weak fundamentals and high debt levels may hinder its recovery, indicating that despite today's rise, the stock faces significant challenges ahead.