Why is Sanghi Industrie falling/rising?

As of 14-Jul, Sanghi Industries Ltd is currently priced at 65.87, reflecting an increase of 0.41 (0.63%). The stock has shown a positive trend recently, gaining 1.34% over the last two days and outperforming its sector by 0.35% today. However, despite a 9.97% increase over the past month, the stock has significantly underperformed over the last year with a decline of 31.39%. The company is facing serious challenges, including weak long-term fundamentals, a high debt-to-EBITDA ratio of 17.08 times, and negative results for the last three consecutive quarters, which have contributed to its risky trading status. The low return on equity of 1.31% and a substantial decline in operating profits further exacerbate investor concerns.
In the broader market context, while the Sensex has seen a decline of 1.42% over the past week, Sanghi Industries has managed to remain relatively stable with a slight decrease of 0.06%. However, the stock's performance over the past year starkly contrasts with the benchmark, as it has generated negative returns while the market has posted a modest gain of 0.26%. This underperformance, coupled with a significant drop in investor participation, as indicated by a 47.43% decrease in delivery volume, suggests that investor sentiment remains cautious despite the recent uptick in stock price.