Why is LWS Knitwear falling/rising?

As of 17-Jul, LWS Knitwear Ltd's stock price is currently at 20.56, reflecting an increase of 0.31 or 1.53%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite a recent drop of 0.92% over the past week, it has performed positively over the last month with a return of 6.09%. The company has reported positive results for the last seven consecutive quarters, with a higher profit after tax of Rs 2.00 crore and record net sales of Rs 49.34 crore. However, the stock's long-term performance remains concerning, with a significant decline of 56.49% over the past year, despite a notable increase in profits by 81.3%.
In the broader market context, LWS Knitwear's recent performance has outpaced the sector by 1.25%, indicating some resilience in a challenging environment. While the Sensex has declined by 1.12% over the past week, LWS Knitwear's short-term performance suggests a potential recovery phase. However, the stock's long-term fundamentals are weak, characterized by a high debt-to-EBITDA ratio of 5.31 times and an average return on capital employed of only 5.54%. This underperformance in the long term, alongside a decrease in investor participation, raises concerns about the stock's sustainability despite its recent gains.