Why is Nahar Spinning falling/rising?

As of 17-Sep, Nahar Spinning Mills Ltd's stock price is currently at 219.20, reflecting an increase of 4.2 (1.95%). The stock has shown a trend reversal by gaining after three consecutive days of decline, and today it outperformed its sector by 0.94%. It reached an intraday high of Rs 222, indicating positive momentum. Over the past week, the stock has increased by 1.48%, and over the past month, it has risen by 9.96%. Despite a year-to-date decline of 18.30%, the company reported positive financial results, including a significant growth in profit before tax and a high operating profit to interest ratio. However, concerns remain due to a high debt to EBITDA ratio and consistent underperformance against benchmarks over the last three years.
In the broader market context, the stock's short-term performance has been slightly below that of the Sensex, which has risen by 1.56% over the past week. While Nahar Spinning has shown some recovery, its long-term performance remains a concern, with a year-over-year decline of 27.79% compared to the Sensex's minor drop of 0.46%. The company's ability to service its debt and generate sustainable growth is under scrutiny, which may affect investor sentiment despite the recent positive price movement.