Why is Sanghi Industrie falling/rising?

As of 19-Sep, Sanghi Industries Ltd is currently priced at 66.06, reflecting an increase of 0.98 or 1.51%. The stock has outperformed its sector today by 1.78% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, the stock has shown a mixed performance over different periods, with a 1-week return of +3.32% but a 1-month decline of -0.60%. Despite this recent uptick, the company faces significant challenges, including a weak long-term fundamental strength indicated by a -210.15% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 16.63 times. Additionally, the company has reported negative results for the last four consecutive quarters, which has contributed to a substantial decline of -22.87% in the stock price over the past year.
In the broader market context, while the Sensex has increased by 0.88% over the past week, Sanghi Industries has outperformed this benchmark, suggesting some positive momentum in the short term. However, the stock has underperformed the market over the last year, where the BSE500 index generated a negative return of -1.96% compared to Sanghi's -22.87%. The low level of domestic mutual fund ownership at only 0.37% may indicate a lack of confidence in the company's prospects, further complicating its market position. Overall, despite a slight rise in price recently, the underlying financial difficulties and poor historical performance continue to weigh heavily on investor sentiment.