Why is LWS Knitwear falling/rising?

As of 08-Jul, LWS Knitwear Ltd's stock price is currently at 20.99, reflecting an increase of 0.44 or 2.14%. The stock has shown a positive performance today, outperforming its sector by 0.31%. Over the past week, it has gained 3.40%, and in the last month, it has risen by 9.49%. However, despite these short-term gains, the stock has a significant year-to-date decline of 15.36% and a staggering 58.72% drop over the past year. The company has reported positive results for the last seven consecutive quarters, with a notable increase in net sales and profits, which may contribute to the recent uptick in stock price. However, concerns about long-term fundamental strength persist, particularly due to a high Debt to EBITDA ratio and a low average Return on Capital Employed.
In the broader market context, while LWS Knitwear has shown some recovery in the short term, it has significantly underperformed the benchmark, the Sensex, which has gained 0.02% over the past week and 1.85% over the past month. The stock's long-term performance remains a concern, as it has generated negative returns compared to the market's positive returns over the last year. This underperformance, coupled with falling investor participation and liquidity issues, suggests that while the stock may be experiencing a temporary rise, the overall sentiment remains cautious due to its historical volatility and fundamental weaknesses.