Why is LWS Knitwear falling/rising?

As of 24-Jul, LWS Knitwear Ltd's stock price is currently at 20.60, reflecting an increase of 0.14 or 0.68%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a significant drop of 58.72% over the past year, the company has reported positive results for the last seven consecutive quarters, with net sales growing by 33.10% and profits rising by 81.3%. However, the stock's performance is mixed, as it has underperformed against the BSE500 in the long term and has a weak long-term fundamental strength, indicated by a high Debt to EBITDA ratio of 5.31 times.
In the short term, LWS Knitwear has outperformed the Sensex, with a 1-week return of +0.19% compared to the benchmark's -0.09%. While the stock's recent performance is encouraging, the overall context remains challenging due to its substantial year-to-date decline of 16.94% and long-term underperformance. The falling investor participation, with a significant drop in delivery volume, suggests caution among investors, despite the stock's attractive valuation relative to its peers.