Why is ITI falling/rising?

As of 16-Sep, ITI Ltd is experiencing a slight decline in its stock price, currently at 322.95, which reflects a decrease of 0.15 or 0.05%. Despite this minor drop, the stock has shown a positive trend over the past week with a return of 4.68% and a notable increase of 10.88% over the past month. The stock has recently fallen after two consecutive days of gains, although it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported positive results for the last five consecutive quarters, with net sales growing by 37.68%. However, it faces challenges such as operating losses and a high debt-to-EBITDA ratio, which indicate weak long-term fundamental strength and low profitability.
In the broader market context, ITI's recent performance has outpaced the Sensex, which has only increased by 1.58% over the past week and 2.21% over the past month. While ITI has generated an 11.71% return over the past year, the overall market has shown a modest decline of 0.73% during the same period. The stock's liquidity is sufficient for trading, but the low stake held by domestic mutual funds may suggest a lack of confidence in its valuation or business prospects. Overall, while ITI has shown strong short-term performance relative to the benchmark, its long-term fundamentals and recent operating losses are contributing to its current price movement.