Why is Mahalaxmi Fab. falling/rising?

As of 17-Sep, Mahalaxmi Fabric Mills Ltd is experiencing a price increase, with its current price at Rs 33.12, reflecting a rise of 2.01 (6.46%). The stock has shown strong performance today, outperforming its sector by 5.45% and has been on a consecutive gain for the last two days, accumulating a total return of 6.67% during this period. It opened with a gain of 3.66% today and reached an intraday high of Rs 33.6, marking an 8% increase. However, despite these short-term gains, the stock has a concerning long-term outlook, with a weak Return on Capital Employed (ROCE) of 0% and a significant decline in operating profit over the last five years. The company's recent financial performance has been poor, with a net sales growth of -27.18% and a profit after tax decline of -64.74% in the latest six months.
In the broader market context, Mahalaxmi Fabric Mills Ltd has outperformed the Sensex in the short term, with a 1-week return of +4.98% compared to the Sensex's +1.56%. However, the stock has significantly underperformed in the long term, with a year-to-date decline of -32.96% against the Sensex's +5.83%. This stark contrast highlights the stock's volatility and the risks associated with its weak fundamentals, including a poor EBIT to Interest ratio of 0.38, indicating challenges in servicing its debt. Overall, while the stock is currently rising, its long-term performance and fundamental weaknesses suggest caution for investors.