Why is Manaksia Alumi. falling/rising?

As of 19-Aug, Manaksia Aluminium Company Ltd's stock price is currently at 30.70, reflecting an increase of 0.69, or 2.3%. The stock has shown a trend reversal by gaining after two consecutive days of decline. It is outperforming its sector by 1.87% today and is trading above all its moving averages, indicating positive momentum. Over the past week, the stock has increased by 1.12%, and over the last month, it has risen by 5.46%, contrasting with the Sensex, which has seen a slight decline of 0.14%. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 44.15%, and recent financial results show significant growth in profit after tax and net sales. However, the stock faces challenges due to a high Debt to EBITDA ratio of 5.25 times, indicating a low ability to service debt.
Broader Market Context: In the context of the broader market, while the stock has generated a return of 9.64% over the past year, the BSE500 index has experienced negative returns of -0.91%, highlighting the stock's resilience in a challenging market environment. Despite the recent positive performance, the stock's year-to-date return is down by 3.09%, which contrasts with the Sensex's gain of 4.49% during the same period. This divergence suggests that while the stock has potential for growth, it is also facing headwinds that could affect its performance moving forward.