Why is Morarjee Text. falling/rising?

As of 17-Sep, Morarjee Textiles Ltd is currently priced at 9.35, reflecting an increase of 0.1 or 1.08%. The stock has shown a positive performance today, aligning with sector trends, and is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this short-term uptick, the stock has experienced significant challenges, including a drastic decline in net sales and operating profit over the past five years, alongside a high debt-to-equity ratio of 2.75. The company has not declared results in the last six months and has reported negative results for the last four consecutive quarters, contributing to a perception of risk among investors.
In the broader market context, Morarjee Textiles has outperformed the benchmark Sensex in the short term, with a 1-week return of 2.07% compared to the Sensex's 1.56%. However, the stock's year-to-date performance remains concerning, with a decline of 11.54% against the Sensex's gain of 5.83%. The consistent underperformance over the last three years, coupled with a significant drop in investor participation and liquidity issues, suggests that while there may be short-term gains, the long-term outlook for Morarjee Textiles is weak, making it a risky investment.