Why is Mitshi India falling/rising?

As of 22-Aug, Mitshi India Ltd's stock price is currently at 15.19, reflecting an increase of 0.29 or 1.95%. The stock has recently shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 2.34% today. However, despite this short-term gain, the stock's year-to-date performance remains weak with a decline of 9.31%, and it has underperformed the benchmark Sensex over the past year, which has seen a modest increase of 0.31%. Additionally, the stock's delivery volume has significantly decreased by 79.04% compared to the five-day average, indicating falling investor participation. The company's long-term fundamentals are concerning, with a negative CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio, suggesting challenges in servicing its debt.
In the broader market context, while Mitshi India has shown a positive return of 1.40% over the past week, the Sensex has only increased by 0.88%, indicating that the stock is performing relatively better in the short term. However, the stock's long-term performance is troubling, with a decline of 15.61% over the past year, contrasting sharply with the Sensex's positive return. The company's weak return on equity and high price-to-book value compared to peers further highlight its expensive valuation, which may deter long-term investors. Overall, despite the recent uptick, the underlying financial health and market performance suggest that the stock faces significant challenges ahead.