Why is Mittal Life Styl falling/rising?

As of 19-Sep, Mittal Life Style Ltd is currently priced at 1.60, reflecting an increase of 0.02 or 1.27%. The stock has shown a performance today that outperformed its sector by 1.73%. However, despite this short-term gain, the stock has a mixed performance over different periods, with a 1-week return of +4.58% but a 1-month decline of -4.19%. The stock is trading higher than its 5-day and 20-day moving averages, yet it remains below its longer-term moving averages. Additionally, there is a concerning trend in investor participation, as the delivery volume has decreased by 28.5% compared to the 5-day average. The company's long-term fundamentals are weak, with a significant decline in operating profits over the past five years and a low return on equity, indicating poor profitability. Furthermore, the reduction in promoter stake by 0.8% may signal a lack of confidence in the company's future prospects.
Broader Market Context: In the context of the broader market, the stock has underperformed significantly over the past year, with a return of -19.60% compared to a slight decline of -0.35% in the Sensex. While the stock has shown some resilience in the short term, its long-term performance remains concerning, especially given the weak fundamentals and declining promoter confidence. The overall market has generated positive returns over the last three years, contrasting sharply with Mittal Life Style's negative trajectory, which further emphasizes the challenges the company faces in regaining investor trust and improving its financial health.