Why is Majestic Auto falling/rising?

As of 09-Sep, Majestic Auto Ltd's stock price is currently at Rs 335.20, reflecting an increase of Rs 6.3 or 1.92%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and it outperformed its sector by 2.66% today. Despite this positive movement, the stock has underperformed in the short term with a 1-week return of -0.53%, while it has performed better over the past month with a return of +12.63%. However, the company faces significant challenges, including weak long-term fundamental strength, as indicated by a -8.35% CAGR growth in operating profits over the last five years and a low return on equity of 2.59%. Additionally, the company's ability to service its debt is concerning, with a poor EBIT to interest ratio of 1.76, and its profits have fallen dramatically by -75.2% over the past year. In the broader market context, the Sensex has shown a positive return of +1.18% over the past week, contrasting with Majestic Auto's decline during the same period. While the stock has gained in the short term, its long-term performance remains troubling, with a year-to-date return of -21.50% compared to the Sensex's +3.79%. This disparity highlights the stock's struggles against the broader market, as it has consistently underperformed, particularly over the last year where it generated a return of -16.69% against the market's negative return of -2.87%. The combination of weak fundamentals and poor market performance suggests that while there may be short-term gains, the overall outlook for Majestic Auto remains challenging.