Why is Mishka Exim falling/rising?

As of 24-Sep, Mishka Exim Ltd is currently priced at 36.30, reflecting an increase of 0.2, or 0.55%. The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 0.74% today. However, it has experienced a significant drop of 6.25% over the past week and a staggering 31.25% year-to-date. Despite these declines, the company reported positive results for June 25, with the highest quarterly figures in PBDIT, PBT, and PAT, indicating some operational strength. Additionally, rising promoter confidence, evidenced by a 3.9% increase in their stake, suggests optimism about the company's future, although the stock's long-term fundamental strength remains weak, highlighted by a low Return on Equity (ROE) of 0.82%.
In the broader market context, while the Sensex has declined by only 1.18% over the past week, Mishka Exim's performance has been notably worse, indicating a significant underperformance relative to the benchmark. Over the past year, the stock has plummeted by 43.19%, contrasting sharply with the market's decline of just 5.32%. This stark difference underscores the challenges the company faces, including poor long-term growth and a weak ability to service its debt, which may contribute to investor hesitance despite recent positive developments.