Why is Konark Synth falling/rising?

As of 07-Jul, Konark Synthetic Ltd is currently priced at 32.10, with no change in its price, reflecting a 0.00% movement. The stock has shown a positive performance in the short term, with a 4.53% increase over the past week and a 14.11% increase over the past month, significantly outperforming the Sensex, which has seen a decline of 0.20% in the same week. However, the stock has experienced erratic trading, not trading on two days out of the last twenty, and has seen a dramatic drop in delivery volume, falling by 99.39% against the five-day average. Despite these challenges, the stock is trading above all its moving averages, indicating some positive momentum. The stock's long-term performance remains strong, with a 62.94% return over the past year and a remarkable 200.00% increase over the past three years, although it is important to note that profits have fallen by 179% during this time.
In the broader market context, while Konark Synthetic Ltd has outperformed the BSE500 in the long term, the recent decline in investor participation and the company's weak fundamentals, including operating losses and a high debt-to-EBITDA ratio, raise concerns about its sustainability. The stock's ability to service its debt is low, and the return on equity is minimal, which could deter potential investors. Additionally, the stock's current valuation is attractive compared to its peers, but the significant drop in profitability may overshadow its past performance. Overall, while the stock has shown resilience in the face of broader market challenges, the underlying financial issues could lead to cautious sentiment among investors.