Why is Scoobee Garments falling/rising?

As of 17-Sep, Scoobee Day Garments India Ltd is currently priced at 91.70, reflecting a slight increase of 0.11 (0.12%). The stock has been gaining for the last four days, with a total return of 2.23% during this period. Despite this recent uptick, the stock has underperformed in the longer term, showing a decline of 12.85% over the past month and 33.84% year-to-date. Positive factors contributing to the stock's recent movement include a higher profit after tax of Rs 2.36 crore and a significant growth in net sales by 35.0% compared to the previous four-quarter average. However, the company faces challenges due to a high debt-to-equity ratio of 11.62, indicating weak long-term fundamental strength and poor growth in operating profit over the last five years.
Broader market context shows that while the stock has generated a return of 28.66% over the past year, the broader market, represented by the Sensex, has only seen a slight decline of 0.46%. In the short term, the stock's performance has been less favorable compared to the benchmark, which has gained 1.56% over the past week. This disparity highlights the stock's volatility and the impact of its high debt levels on investor sentiment, despite recent positive sales growth. The rising investor participation, indicated by a 28.9% increase in delivery volume, may suggest a cautious optimism among traders, but the overall financial health of the company remains a concern.