Why is Majestic Auto falling/rising?

As of 11-Sep, Majestic Auto Ltd's stock price is currently at 340.05, reflecting an increase of 7.05 or 2.12%. The stock opened with a gain of 2.07% today and reached an intraday high of Rs 347.95, indicating positive momentum. However, despite this short-term rise, the company has shown weak long-term fundamental strength, with a -8.35% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of 1.76. The stock has underperformed in the past year with a return of -17.05%, significantly lower than the market's negative return of -2.29%. Additionally, the company's profitability is low, as evidenced by a Return on Equity of just 2.59% and a substantial decline in profits by -75.2%.
In the broader market context, while the stock has outperformed its sector by 1.86% today, its one-week return of +0.88% and one-month return of +6.47% are lower than the benchmark Sensex, which returned +1.03% and +1.17% respectively. The stock's liquidity appears adequate for trading, but there is a noted decline in investor participation, with delivery volume falling by -21.35% against the five-day average. Overall, while there is a short-term uptick in price, the underlying fundamentals and long-term performance suggest caution for investors.