Why is Kuwer Industries falling/rising?

As of 18-Sep, Kuwer Industries Ltd is currently priced at 11.55, reflecting a slight increase of 0.05 or 0.43%. Today's performance indicates that the stock has outperformed its sector by 1.08%, although it has shown erratic trading patterns, not trading on two days out of the last twenty. The stock's recent returns reveal a decline of 0.69% over the past week, a gain of 4.71% over the past month, and a significant drop of 32.54% year-to-date. Despite a relatively attractive valuation with a return on capital employed (ROCE) of 5.6 and trading at a discount compared to peers, the company faces challenges such as operating losses and a high debt-to-EBITDA ratio of 6.65 times, which contribute to its weak long-term fundamental strength.
In the broader market context, while the Sensex has increased by 1.80% over the past week and 2.14% over the past month, Kuwer Industries' performance has lagged behind, particularly with a year-to-date decline of 23.05% compared to the benchmark's 6.24% gain. This underperformance is compounded by a significant drop in investor participation, as evidenced by a 90.03% decrease in delivery volume compared to the five-day average. Overall, the stock's recent upward movement is overshadowed by its long-term struggles and the broader market's positive trajectory, indicating a challenging environment for Kuwer Industries.