Why is Mittal Life Styl falling/rising?

As of 23-Sep, Mittal Life Style Ltd's stock price is currently at 1.60, reflecting an increase of 0.01 or 0.63%. The stock has outperformed its sector today by 2.21%, although it is trading higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 4.58%, contrasting with a decline of 3.03% over the past month. However, the company faces significant challenges, including a weak long-term fundamental strength with a -41.28% CAGR growth in operating profits over the last five years and a low return on equity of 2.20%. Additionally, promoter confidence appears to be waning, as they have reduced their stake in the company by 0.8% in the previous quarter.
Broader market context indicates that while the stock has recently outperformed its sector, it has underperformed the broader market over the past year, with a return of -20.40% compared to the BSE500's decline of -4.69%. This underperformance highlights the stock's struggles despite a slight uptick in price today. The overall market sentiment remains cautious, particularly given the company's weak financial metrics and declining investor participation, as evidenced by a significant drop in delivery volume. These factors contribute to a complex picture for Mittal Life Style Ltd, where short-term gains may not be sustainable in the face of long-term challenges.