Why is Kritika Wires falling/rising?

As of 22-Sep, Kritika Wires Ltd is experiencing a price increase, currently at 9.21, with a change of 0.16, reflecting a rise of 1.77%. The stock has shown a positive performance today, outperforming its sector by 2.14%. In terms of returns, over the past week, the stock has increased by 0.66%, and over the past month, it has risen by 3.37%. However, it is important to note that the stock has generated a significant decline of 57.40% over the past year, with profits falling by 16.2%. Despite trading at a discount compared to its peers, the company has weak long-term fundamentals, including a negative CAGR growth in operating profits and a high Debt to EBITDA ratio, which may contribute to investor caution.
In the broader market context, the stock's recent performance has outpaced the benchmark Sensex, which has increased by 0.53% over the past week and 1.34% over the past month. However, the stark contrast in long-term performance is evident, as Kritika Wires has underperformed the Sensex significantly over the past year and three years. This underperformance, coupled with the company's weak financial indicators, suggests that while there may be short-term gains, the long-term outlook remains concerning, potentially influencing investor sentiment and stock price movements.