Why is Scoobee Garments falling/rising?

As of 18-Sep, Scoobee Day Garments India Ltd is currently priced at 91.85, reflecting a slight increase of 0.15 (0.16%). The stock has shown a positive trend recently, gaining 2.4% over the past week and outperforming its sector by 0.52%. However, despite this short-term gain, the stock has experienced a significant decline of 11.63% over the past month and a year-to-date drop of 33.73%. Positive factors contributing to the recent price movement include a higher profit after tax of Rs 2.36 crore and a notable growth in net sales of 35% compared to the previous four-quarter average. Conversely, the company faces challenges such as a high debt-equity ratio of 11.62 times, indicating weak long-term fundamental strength, and a substantial decline in profits by 50.7% over the past year.
Broader market context shows that while Scoobee Day Garments has generated a return of 25.61% over the past year, the broader market, represented by the BSE500, has seen negative returns of -1.96%. This indicates that the stock has outperformed the market significantly in the long term, despite its recent struggles. In the short term, the stock's performance is better than the benchmark Sensex, which has increased by 1.80% over the past week. However, the falling investor participation, as evidenced by a decrease in delivery volume, suggests caution among investors, which could impact future price movements.