Why is Mitshi India falling/rising?

As of 11-Sep, Mitshi India Ltd's stock price is currently at 15.38, reflecting an increase of 0.73 or 4.98%. The stock has outperformed its sector today by 5.27%, and it is trading higher than its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day moving averages. Despite this positive movement, the stock has shown a year-to-date decline of 8.18% and a one-year decline of 9.58%. The company faces significant challenges, including weak long-term fundamental strength, as indicated by a -0.81% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of -0.04. Additionally, the stock is trading at a premium compared to its peers, with a high Price to Book Value ratio, suggesting overvaluation.
In the broader market context, the stock's short-term performance of +2.88% over the past week outpaces the Sensex's gain of +1.03%, indicating some relative strength. However, the stock has underperformed against the benchmark over longer periods, including a -9.58% return over the past year compared to the Sensex's +4.36%. The decline in investor participation, with a significant drop in delivery volume, further complicates the stock's outlook. Overall, while there is a short-term uptick in price, the long-term fundamentals and performance metrics suggest ongoing challenges for Mitshi India Ltd.