Why is Narmada Agrobase falling/rising?

As of 08-Jul, Narmada Agrobase Ltd's stock price is currently at 18.00, reflecting an increase of 0.1 or 0.56%. The stock has shown mixed performance recently, with a 1-week decline of 1.15% while it has gained 1.93% over the past month. Despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 15.33% and a 1-year drop of 28.00%. Today's performance indicates that the stock has outperformed its sector by 0.87%, and it is trading above all its moving averages, suggesting a positive short-term trend. However, there has been a notable decrease in investor participation, with delivery volume falling by 34.21% compared to the 5-day average. The company has reported positive financial results over the last five quarters, with substantial growth in profit after tax and net sales, which may contribute to the stock's recent rise.
In the broader market context, Narmada Agrobase's short-term performance contrasts with the Sensex, which has seen a slight increase of 0.02% over the past week. While the stock's recent gains may be buoyed by positive quarterly results and increased institutional investor participation, its long-term fundamentals remain weak, as indicated by a high debt-to-EBITDA ratio and low return on equity. This suggests that despite some positive indicators, the stock's overall performance has been lackluster compared to the broader market, which has shown stronger growth over the past year and beyond.