Why is Mittal Life Styl falling/rising?

As of 03-Jul, Mittal Life Style Ltd is currently priced at 1.72, reflecting an increase of 0.01 or 0.58%. The stock has shown a strong performance in the short term, with a 1-week return of +16.22%, significantly outperforming the Sensex, which has decreased by 0.56%. Today's trading activity indicates rising investor participation, with a delivery volume increase of 31.61% compared to the 5-day average. Despite a negative year-to-date return of -29.22% and a concerning long-term performance, the stock is trading at a discount relative to its peers and has seen a substantial profit increase of 173% over the past year, resulting in a low PEG ratio of 0.2. However, the company faces challenges, including weak long-term fundamental strength and declining promoter confidence, as evidenced by a 2.64% reduction in their stake.
In the broader market context, while Mittal Life Style Ltd has outperformed the Sensex in the short term, its long-term performance remains underwhelming, with a -20.00% return over the past year compared to the Sensex's +4.61%. The stock's liquidity is adequate for trading, but the overall weak fundamentals, including a poor EBIT to Interest ratio and low Return on Equity, suggest caution for investors. The mixed signals from the stock's recent performance and the broader market context indicate that while there is some positive momentum, significant underlying issues could impact future growth.