Why is Setco Automotive falling/rising?

As of 27-Jun, Setco Automotive Ltd's stock price is currently at 18.64, reflecting an increase of 0.88 or 4.95%. The stock has been on an upward trend, gaining for the last four days and achieving a total return of 10.89% during this period. It has outperformed its sector by 4.27% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite these positive movements, the company faces challenges such as a negative book value and high debt levels, which could impact long-term investor confidence. The recent positive financial results, including a high return on capital employed and strong net sales, have contributed to the stock's recent gains, but the overall weak long-term fundamentals remain a concern.
In the broader market context, Setco Automotive's short-term performance of +9.01% over the past week significantly outpaces the Sensex's return of +2.00% during the same period. However, the stock has underperformed the benchmark over the last month and year-to-date, with returns of -1.06% and -0.16%, respectively, compared to the Sensex's +3.07% and +7.58%. This discrepancy highlights the stock's volatility and the potential risks associated with its high debt and negative net worth, which could weigh on its future performance despite recent positive trends.