Why is Manaksia Alumi. falling/rising?

As of 14-Jul, Manaksia Aluminium Company Ltd's stock price is rising, currently at Rs 27.35, reflecting an increase of Rs 1.07 or 4.07%. Today's price summary indicates that the stock has outperformed its sector by 1.85% and reached an intraday high of Rs 27.35. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite this positive movement, the stock has shown a decline of 1.94% over the past month and a significant drop of 15.35% over the last year. The company has reported positive financial results, with net sales growing by 25.15% in the latest six months and profits increasing by 18.9% over the past year, contributing to a more attractive valuation compared to its peers.
In the broader market context, while Manaksia Aluminium has outperformed the sector recently, it has underperformed the benchmark Sensex over the past year, which has gained 2.15%. The stock's short-term performance of +3.60% over the last week contrasts sharply with its long-term decline, indicating a potential recovery phase. However, concerns remain regarding its long-term fundamental strength, with a high debt-to-EBITDA ratio and weak growth metrics over five years, which could hinder sustained upward momentum. Overall, while there are positive indicators for the stock's recent rise, the long-term outlook remains cautious due to underlying financial challenges.