Why is LWS Knitwear falling/rising?

As of 03-Jul, LWS Knitwear Ltd's stock price is currently at 20.85, reflecting an increase of 0.11 or 0.53%. The stock has shown a positive trend recently, gaining 2.71% over the last two days and outperforming the Sensex in the short term with a 4.77% return over the past week compared to the benchmark's decline of 0.62%. Despite these gains, the stock's delivery volume has significantly decreased by 90.49% against the 5-day average, indicating a drop in investor participation. The company has reported positive financial results for the last seven consecutive quarters, with a notable increase in net sales and profits, which may contribute to the stock's recent upward movement. However, the stock is still trading at a discount compared to its peers, and its long-term fundamentals are weak, as indicated by a high debt-to-EBITDA ratio.
In the broader market context, while LWS Knitwear has posted a 9.74% return over the past month, it has underperformed significantly over the past year with a decline of 56.76%, contrasting sharply with the Sensex's gain of 3.10% during the same period. This underperformance highlights the challenges the company faces despite recent positive results. The stock's liquidity remains adequate for trading, but the falling investor participation could signal caution among investors. Overall, while there are some positive indicators in the company's recent performance, the long-term outlook remains concerning, which may affect investor sentiment moving forward.