Why is Mohite Industrie falling/rising?

As of 18-Sep, Mohite Industries Ltd is currently priced at 3.02, reflecting an increase of 0.04 or 1.34%. The stock has been gaining momentum, having outperformed its sector by 1.14% today and achieving a consecutive gain over the last three days with a total return of 4.5%. In the past week, the stock has risen by 2.72%, and over the past month, it has shown a significant increase of 17.97%. However, despite these short-term gains, the stock has a concerning year-to-date decline of 51.23% and a one-year drop of 47.02%. The company has a Return on Capital Employed (ROCE) of 7.2, indicating an attractive valuation, but it is trading at a discount compared to its peers. The negative factors include a substantial fall in profits and a high Debt to EBITDA ratio, which raises concerns about long-term growth and financial stability.
In the broader market context, the stock's short-term performance has been favorable compared to the benchmark Sensex, which has only increased by 1.80% over the past week and 2.14% over the past month. However, the stock has significantly underperformed the market over the last year, with a decline of 47.02% compared to the Sensex's minimal increase of 0.08%. This stark contrast highlights the challenges Mohite Industries faces, particularly in light of its recent negative financial results and weak long-term fundamentals, which may overshadow its recent price movements.