Why is Konark Synth falling/rising?

As of 08-Jul, Konark Synthetic Ltd's stock price is currently at 32.10, showing no change (0.00%). The stock has underperformed its sector by 1.83% today and has experienced erratic trading, not trading on 2 out of the last 20 days. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 4.53%, and over the past month, it has risen by 14.11%. However, it is important to note that the stock has generated a return of 61.06% over the past year, despite a significant drop in profits of 179%. The company has a low Return on Equity of 0.28% and a high Debt to EBITDA ratio, indicating weak long-term fundamental strength.
In the broader market context, the Sensex has shown a minimal increase of 0.02% over the past week, while Konark Synthetic Ltd has outperformed this benchmark significantly in the short term. The stock's performance over the last three years has also been strong, with a return of 200.00%, compared to the Sensex's 53.65%. However, the recent decline in delivery volume by 22.37% against the 5-day average suggests falling investor participation, which could be a concern moving forward. Overall, while the stock has shown strong historical performance, its current operational losses and declining profitability may be contributing to a cautious outlook among investors.