Why is Mukand falling/rising?

As of 15-Sep, Mukand Ltd's stock price is currently at Rs 139.15, reflecting an increase of Rs 1.9 or 1.38%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a total return of 6.51% during this period. It has outperformed its sector by 0.51% today and has also shown positive returns over the past week and month, with increases of 2.58% and 2.96%, respectively. However, despite these recent gains, the stock has experienced a decline of 12.46% 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 compared to peers, suggests potential for growth, although the weak long-term fundamentals and high debt levels may be concerning for investors. In the broader market context, Mukand's recent performance has outpaced the Sensex, which has risen by 1.24% over the past week and 1.47% over the past month. This indicates that while Mukand is performing well in the short term, the overall market sentiment remains positive. However, the stock's long-term outlook is clouded by weak fundamentals, including a low ability to service debt and a lack of domestic mutual fund investment, which could signal caution among institutional investors. The combination of short-term gains and long-term challenges creates a complex picture for Mukand's stock price movement.