Why is Riba Textiles falling/rising?

As of 23-Jul, Riba Textiles Ltd's stock price is currently at Rs 84.11, reflecting an increase of Rs 1.21 or 1.46%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 10.67% during this period. It has outperformed its sector by 0.27% today and is trading above its moving averages across various time frames. Additionally, the stock has shown strong performance over the past week and month, with returns of 10.40% and 14.79%, respectively. Positive factors contributing to this rise include an attractive valuation with a return on capital employed (ROCE) of 10.4%, and the stock trading at a discount compared to its peers. However, there are concerns regarding its long-term fundamental strength, as indicated by a high debt to EBITDA ratio and modest growth in net sales and operating profit over the past five years.
In the broader market context, Riba Textiles has significantly outperformed the benchmark Sensex in the short term, with a 1-week return of 10.40% compared to the Sensex's mere 0.11%. This strong performance in the short term contrasts with its year-to-date return of -20.59%, which highlights a challenging longer-term trend. The stock's recent gains may be attributed to rising investor participation, as evidenced by a dramatic increase in delivery volume, suggesting renewed interest among investors. Despite the positive short-term movements, the stock's long-term outlook remains cautious due to underlying financial weaknesses, which could impact future performance.