Why is Premier falling/rising?

As of 24-Sep, Premier Ltd's stock price is currently at 3.52, showing no change (0.00%). The stock has outperformed its sector today by 1.29%, although it is trading below its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 0.86%, while it has seen a decline of 4.35% over the past month. The company is facing challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. Additionally, the stock has generated a return of -23.97% over the past year, indicating poor performance, and it has experienced a significant drop in investor participation, with delivery volume falling by 83.32% against the 5-day average.
In the broader market context, the Sensex has declined by 1.18% over the past week, while Premier Ltd's short-term performance has been relatively better, suggesting some resilience compared to the benchmark. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The company's flat results in June and negative EBITDA further highlight the risks associated with investing in Premier Ltd, reinforcing the notion that it is a strong sell at this time.