Why is Popular Vehicles falling/rising?

As of 21-Jul, Popular Vehicles & Services Ltd is currently priced at 133.20, reflecting a slight increase of 0.15 (0.11%). The stock has shown a positive trend over the last two days, gaining 1.1% during this period. However, it has underperformed its sector by 0.75% today. Over the past week, the stock has increased by 2.07%, while it has seen a more substantial rise of 10.08% over the past month. Despite these short-term gains, the stock has significantly underperformed over the past year, with a decline of 44.63%. The company has reported healthy long-term growth in net sales and operating profit, but it also faces challenges such as a high Debt to EBITDA ratio and negative results over the last three quarters, which could be contributing to investor caution.
In the broader market context, the Sensex has experienced a slight decline of 0.06% over the past week, contrasting with the stock's positive performance. While the stock has shown some resilience in the short term, its year-to-date performance remains negative at -14.06%, compared to the Sensex's gain of 5.20%. This underperformance over a longer horizon, combined with falling investor participation and liquidity concerns, suggests that while there may be short-term gains, the overall sentiment towards the stock remains cautious due to its significant losses and high debt levels.