Why is Innovative Tech falling/rising?

As of 22-Aug, Innovative Tech Pack Ltd's stock price is currently at 23.50, reflecting an increase of 0.2 or 0.86%. The stock has shown a trend reversal, gaining after five consecutive days of decline, and has outperformed its sector by 0.26% today. However, it is trading below its moving averages across various time frames, indicating a generally weak performance. Over the past year, the stock has generated a return of -40.14%, with profits falling significantly by -108.7%. Despite an attractive valuation with a return on capital employed (ROCE) of 11 and trading at a discount compared to peers, the company's long-term fundamentals are weak, evidenced by a -19.73% compound annual growth rate (CAGR) in operating profits over the last five years.
In the broader market context, the stock's short-term performance contrasts with the Sensex, which has gained 0.88% over the past week, while Innovative Tech has declined by 8.20%. This underperformance is further highlighted by its negative returns over the past month and year, where it has lagged behind the benchmark. The company's ability to service its debt is also concerning, with a poor EBIT to interest ratio of 0.62, which may contribute to investor hesitance. Overall, while there is a slight uptick in the stock price today, the underlying fundamentals and recent performance suggest a challenging outlook for Innovative Tech Pack Ltd.