Why is Sanghi Industrie falling/rising?

As of 25-Aug, Sanghi Industries Ltd is experiencing a price increase, currently at Rs 67.00, reflecting a rise of 1.96 or 3.01%. The stock has outperformed its sector by 2.74% today and has shown a trend reversal after three consecutive days of decline. It reached an intraday high of Rs 67, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite a year-to-date return of 10.25%, the stock has underperformed over the last year with a decline of 28.34%. The company faces significant challenges, including a weak long-term fundamental strength with a -210.15% CAGR growth in operating profits over the past five years, a high debt-to-EBITDA ratio, and negative results for the last four consecutive quarters, which may contribute to investor caution.
In the broader market context, the Sensex has shown a modest increase of 0.45% over the past week, while Sanghi Industries has gained 1.45% in the same period, indicating a stronger short-term performance relative to the benchmark. However, the stock's long-term struggles are evident as it has significantly underperformed the market over the past year, with a return of -28.34% compared to the Sensex's 0.68%. This disparity suggests that while there may be short-term gains, the overall sentiment towards the stock remains cautious due to its ongoing financial difficulties and low investor confidence, as reflected in the minimal holdings by domestic mutual funds.