Why is Mahalaxmi Fab. falling/rising?

As of 23-Sep, Mahalaxmi Fabric Mills Ltd is experiencing a slight increase in its stock price, currently at 32.15, reflecting a change of 0.16 or 0.5% upward. The stock has shown a positive performance today, outperforming its sector by 1.12%. However, despite this short-term gain, the stock has a concerning long-term outlook, with a significant decline of 42.49% over the past year. The company has reported weak financial metrics, including a negative operating profit trend and a poor return on capital employed (ROCE) of 0%. Additionally, the latest financial results indicate a substantial drop in net sales and profit after tax, which has contributed to a perception of risk among investors.
In the broader market context, Mahalaxmi Fabric Mills Ltd has outperformed the Sensex in the short term, with a 1-week return of 3.34% compared to the benchmark's decline of 0.34%. However, the stock's long-term performance remains troubling, as it has underperformed the market significantly over the past year. The company's weak fundamentals, including a negative EBIT to interest ratio and declining operating profits, suggest that while there may be short-term fluctuations, the overall sentiment towards the stock remains cautious, leading to a challenging environment for sustained price increases.