Why is Mukand falling/rising?

As of 12-Sep, Mukand Ltd's stock price is currently at Rs 137.25, reflecting an increase of Rs 1.0 or 0.73%. The stock has shown a positive trend recently, gaining for the last three days and achieving a total return of 5.05% during this period. It has outperformed its sector by 0.76% today and reached an intraday high of Rs 139.75. Over the past week, the stock has risen by 3.94%, and year-to-date, it has increased by 6.77%. However, despite these short-term gains, the stock has experienced a decline of 10.00% over the past year, with profits falling by 16%. The company's attractive valuation, indicated by a return on capital employed (ROCE) of 9.4 and a lower enterprise value to capital employed ratio, suggests that it is trading at a discount compared to its peers, which may contribute to the recent upward movement. In the broader market context, Mukand Ltd's short-term performance has outpaced the Sensex, which has risen by 1.48% over the same week. This indicates a relatively strong performance compared to the overall market. However, the stock's long-term fundamentals appear weak, with a low average ROCE of 5.63% and a high debt to EBITDA ratio of 5.83 times, raising concerns about its ability to sustain growth. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, may reflect a lack of confidence in its long-term prospects. Despite the recent gains, these underlying issues could pose challenges for the stock moving forward.