Why is Mold-Tek Technol falling/rising?

As of 22-Sep, Mold-Tek Technologies Ltd is experiencing a price increase, currently at Rs 173.25, reflecting a rise of Rs 11.6 or 7.18%. The stock has shown a positive performance today, outperforming its sector by 7.68% and reversing a trend after four consecutive days of decline. It opened with a gain of 5.07% and reached an intraday high of Rs 186.1, indicating strong buying interest. Despite this short-term uptick, the stock has underperformed over the past year, with a return of -24.16%, while the broader market has only declined by -2.82%. Additionally, the company has a low Debt to Equity ratio, which is generally favorable, but it has reported negative results for the last three consecutive quarters, leading to concerns about its long-term growth potential.
Broader Market Context: In the short term, Mold-Tek Technologies Ltd has outperformed the benchmark Sensex, which has only increased by 0.46% over the past week, while the stock itself has risen by 1.91%. However, the stock's long-term performance remains concerning, as it has generated a significantly lower return compared to the market over the past year. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's valuation and business prospects, further complicating its market position despite the recent price increase.