Why is Maral Overseas falling/rising?

As of 18-Sep, Maral Overseas Ltd's stock price is currently at Rs 51.48, reflecting an increase of Rs 1.32 or 2.63%. The stock has shown a positive performance today, outperforming its sector by 2.43% and gaining 10.47% over the last two days. It opened with a significant gain of 5.16% and reached an intraday high of Rs 60, indicating strong short-term momentum. However, despite this recent uptick, the stock has a troubling long-term outlook, with a year-to-date decline of 37.96% and a one-year return of -33.87%. The company faces challenges such as high debt levels, poor long-term growth, and negative operating profits, which contribute to its classification as a strong sell.
In the broader market context, Maral Overseas has outperformed the Sensex in the short term, with a weekly return of 6.14% compared to the Sensex's 1.80%. However, the company's long-term performance has been significantly below the benchmark, with a three-year return of -22.70% versus the Sensex's 41.08%. The stock's high volatility and falling investor participation, evidenced by a 10.1% drop in delivery volume, further complicate its outlook. The high debt-to-equity ratio and a substantial portion of promoter shares being pledged add to the risk, suggesting that while there may be short-term gains, the long-term fundamentals remain weak.