Why is Shah Metacorp falling/rising?

As of 15-Jul, Shah Metacorp Ltd's stock price is currently at 3.98, reflecting an increase of 0.07 or 1.79%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It has outperformed its sector by 1.72% today, with a notable rise in delivery volume, which increased by 85.8% compared to the five-day average. Despite a negative return of -12.53% over the past year, the company has declared positive results for the last ten consecutive quarters, with net sales growing by 49.76% in the latest six months and a significant increase in profits. Additionally, promoters have increased their stake by 3.9%, indicating confidence in the company's future.
In the broader market context, the stock has underperformed relative to the benchmark, with a one-year return of -12.53% compared to the Sensex's gain of 2.36%. However, in the short term, the stock's performance has improved, contrasting with the benchmark's decline of -1.36% over the past week. While the stock has shown some positive indicators, such as rising investor participation and attractive valuations compared to peers, it still faces challenges with weak long-term fundamentals and a high debt-to-EBITDA ratio, which could impact its future performance.