Why is Indian CardCloth falling/rising?

As of 14-Jul, Indian Card Clothing Company Ltd's stock price is currently at 315.00, reflecting an increase of 2.85 (0.91%). The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 3.54% today, although it has experienced a decline of 1.91% over the past week and 4.47% over the past month. Despite the recent positive movement, the stock's long-term fundamentals appear weak, with operating losses and a negative ROCE. The company has reported significant growth in PAT for the last quarter, but its ability to service debt remains a concern due to a poor EBIT to Interest ratio.
Broader market context indicates that while the stock has generated a return of 14.63% over the past year, this is significantly higher than the BSE500 market return of 0.26%. However, in the short term, the stock's performance has lagged behind the benchmark, which has gained 1.40% over the past month. The textile machinery sector has also faced a downturn, with a decline of 2.42%. Additionally, there has been a notable decrease in investor participation, as evidenced by a 47.61% drop in delivery volume compared to the five-day average, which may contribute to the stock's volatility.