Why is Riba Textiles falling/rising?

As of 23-Sep, Riba Textiles Ltd is currently priced at 84.72, reflecting an increase of 0.89 or 1.06%. The stock has shown a positive trend today, outperforming its sector by 1.68% and reversing a two-day decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish sentiment. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 83.81% compared to the 5-day average. Despite a year-to-date decline of 20.02%, the stock has generated a return of 7.85% over the past year, supported by a consistent performance over the last three years. However, the company faces challenges with a high Debt to EBITDA ratio and weak long-term growth metrics, which could temper investor enthusiasm.
In the broader market context, Riba Textiles has outperformed the Sensex in the short term, with a 1-week return of +3.94% compared to the benchmark's -0.34%. This short-term outperformance may be contributing to the stock's recent price increase. While the stock has shown resilience in the face of broader market trends, its long-term fundamentals remain a concern, as evidenced by a low average Return on Capital Employed and recent negative financial results. The contrasting performance metrics suggest that while the stock is currently experiencing upward momentum, underlying weaknesses could pose risks for sustained growth.