Why is Natraj Proteins falling/rising?

As of 29-Sep, Natraj Proteins Ltd is experiencing a price increase, currently at Rs 41.29, reflecting a change of 1.16 or 2.89% upward. Despite this daily gain, the stock has shown a negative performance over the past week, down by 0.51%, and a significant decline of 15.32% over the past year. Today's trading saw the stock open with a loss of 4.88%, but it reached an intraday high of Rs 42.3, indicating volatility with a wide trading range of Rs 4.13. The stock has been underperforming in terms of delivery volume, which has decreased significantly, suggesting a lack of investor confidence. Additionally, the company faces operational challenges, including high debt levels and recent negative earnings, which contribute to its weak long-term fundamental strength.
In the broader market context, Natraj Proteins has underperformed against the benchmark, the Sensex, which has gained 2.85% year-to-date while Natraj has declined by 7.42%. The stock's performance today, while it outperformed its sector by 1.87%, still reflects a broader trend of consistent underperformance against the BSE500 over the last three years. The company's high debt-to-EBITDA ratio and low return on equity further exacerbate its challenges, indicating that despite today's price rise, the overall outlook remains concerning, particularly given its historical performance and the negative financial results reported recently.