Why is Mittal Life Styl falling/rising?

As of 24-Sep, Mittal Life Style Ltd's stock price is currently at 1.62, reflecting an increase of 0.02 or 1.25%. Today's performance indicates that the stock has outperformed its sector by 1.44%. However, despite this short-term gain, the stock has shown a negative return of 1.82% over the past month and a significant decline of 33.33% year-to-date. The stock's moving averages suggest mixed performance, being higher than the 5-day and 20-day averages but lower than the longer-term 50-day, 100-day, and 200-day averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 64.2% compared to the 5-day average. The company's fundamentals are weak, evidenced by a -41.28% CAGR growth in operating profits over the last five years and a low return on equity of 2.20%, indicating low profitability. Promoter confidence has also waned, with a 0.8% decrease in their stake, which may further impact investor sentiment.
Broader market context shows that while the Sensex has experienced a decline of 1.08% over the past week, Mittal Life Style's performance has remained flat in that same period. The stock has underperformed the market significantly over the last year, with a return of -22.86% compared to the broader market's -3.41%. This underperformance, coupled with weak long-term fundamentals and reduced promoter confidence, suggests that the stock's recent rise may not be sustainable in the face of ongoing challenges.