Why is LWS Knitwear falling/rising?

As of 31-Jul, LWS Knitwear Ltd's stock price is currently at 20.50, reflecting an increase of 0.25, or 1.23%. The stock has been gaining for the last two days, with a total return of 2.5% during this period, and it has outperformed its sector by 3.58%. Despite a year-to-date decline of 17.34% and a significant one-year drop of 58.92%, the company has reported positive results over the last seven consecutive quarters, including a 33.10% growth in net sales and an increase in profits by 81.3%. However, the stock's long-term fundamental strength is weak, indicated by a high Debt to EBITDA ratio and an average ROCE of 5.54%, which may be contributing to investor caution.
In the broader market context, LWS Knitwear's recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.22% over the past week and a modest gain of 3.90% year-to-date. While the stock has outperformed the sector in the short term, its long-term underperformance is notable, especially given the significant negative return compared to the broader market's decline. The textile sector has also faced challenges, with a drop of 2.44%, further complicating the stock's recovery despite its recent gains.