Why is ITL Industries falling/rising?

As of 05-Sep, ITL Industries Ltd is experiencing a price increase, currently at Rs 358.00, reflecting a rise of Rs 13.0 or 3.77%. Today's performance indicates that the stock outperformed its sector by 4.18% and opened with a gain of 2.32%. It reached an intraday high of Rs 358.9, showing a 4.03% increase. However, despite this positive movement, the stock has underperformed over the past month with a return of -2.39% and a significant decline of -22.86% over the last year. The company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.18 times, and it is trading at a discount compared to its peers' average historical valuations. Nonetheless, the stock's long-term growth prospects appear poor, with operating profit growth at an annual rate of only 18.68% over the last five years.
In the broader market context, ITL Industries has outperformed the Sensex in the short term, with a weekly return of +3.47% compared to the Sensex's +1.13%. However, the stock's year-to-date performance is concerning, showing a decline of -19.87%, while the Sensex has gained +3.29%. This stark contrast highlights the stock's struggles despite recent gains. Additionally, the stock has seen a decline in investor participation, with delivery volume falling by 43.13% against the 5-day average, indicating potential liquidity issues. Overall, while there are some positive indicators in the short term, the long-term outlook remains challenging for ITL Industries.