Why is Liberty Shoes falling/rising?

As of 18-Aug, Liberty Shoes Ltd is experiencing a price increase, currently at Rs 318.00, reflecting a rise of Rs 11.45 or 3.74%. Today's price summary indicates that the stock has gained after two consecutive days of decline, reaching an intraday high of Rs 318.55. However, it has underperformed its sector by 0.8%. Over the past week, the stock has shown a positive return of 4.61%, but it has significantly underperformed over the longer term, with a year-to-date decline of 33.87% and a one-year drop of 35.84%. The company's return on capital employed (ROCE) stands at 9.8, suggesting a very attractive valuation, but its profits have fallen by 15.7% over the past year, indicating underlying challenges. Additionally, the stock's high Debt to EBITDA ratio of 2.54 times raises concerns about its ability to service debt, further complicating its financial outlook.
In the broader market context, the Sensex has gained 0.83% over the past week, contrasting with Liberty Shoes' performance. While the consumer durables sector has seen an increase of 4.39%, Liberty Shoes' recent gains do not fully align with this positive sector trend. The stock's liquidity remains adequate, but a notable decline in investor participation, with delivery volume falling by 30.17% against the five-day average, suggests waning interest. Domestic mutual funds holding 0% of the company may reflect a lack of confidence in its future prospects, contributing to the stock's underperformance relative to the market, which has seen a negative return of only 1.14% over the last year.