Why is Shah Alloys falling/rising?

As of 19-Sep, Shah Alloys Ltd's stock price is flat at 72.00, with no change in percentage terms (0.00%). The stock's performance today is in line with the sector, and it is currently trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. Over the past week, the stock has increased by 3.18%, and it has shown a significant rise of 28.57% over the past month. However, there are concerning factors, including a negative book value and a weak long-term fundamental strength, as evidenced by a decline in net sales and consistent negative results over the last five quarters. The company has a high debt-to-equity ratio of 2.97, indicating financial risk, and it has underperformed against the benchmark BSE500 over the last three years.
In the broader market context, Shah Alloys' short-term return of 3.18% over the past week significantly outpaces the Sensex's return of 0.88% in the same period. Despite this positive short-term performance, the stock has generated a negative return of 8.94% over the past year, contrasting with the Sensex's slight decline of 0.67%. The stock's liquidity is adequate for trading, but a notable drop in investor participation, with delivery volume falling by 72.96% against the 5-day average, raises concerns about sustained interest in the stock. Overall, while there are short-term gains, the long-term outlook remains bleak due to fundamental weaknesses and consistent underperformance against the benchmark.