Why is Indian CardCloth falling/rising?

As of 18-Jul, Indian Card Clothing Company Ltd's stock price is currently at 314.00, reflecting a decrease of 3.5, or 1.1%. The stock has recently outperformed its sector by 0.26%, although it has experienced a trend reversal after two consecutive days of gains. In terms of returns, the stock has shown a 0.59% increase over the past week and a notable 7.15% increase over the past month, despite a year-to-date decline of 5.14%. Positive factors include a significant growth in profit after tax for the quarter ending March 25, with a 257.5% increase, and a strong return on capital employed at 7.42%. However, the company is facing challenges such as operating losses and a weak ability to service its debt, which has contributed to a negative EBITDA and a poor EBIT to interest ratio of -3.48. Broader market context indicates that while the stock has generated a 15.57% return over the past year, the broader market, represented by the BSE500, has seen a decline of 0.36%. This suggests that the stock has been able to outperform the market despite its recent struggles. The stock's liquidity remains adequate for trading, but the negative long-term fundamental strength raises concerns among investors. Overall, while the stock has shown resilience in the short term, the underlying financial issues may be contributing to the current price decline.