Why is Shahi Shipping falling/rising?

As of 01-Sep, Shahi Shipping Ltd is currently priced at 15.48, reflecting a slight increase of 0.05 or 0.32%. Despite this recent uptick, the stock has underperformed its sector by 2.1% today and is trading below all key moving averages. Over the past week, the stock has declined by 2.46% and has shown a significant year-to-date drop of 25.04%. The company's financial health is concerning, with a weak long-term fundamental strength indicated by a low Return on Capital Employed (ROCE) of 2.46%, poor growth in net sales, and a high Debt to EBITDA ratio. Additionally, promoter confidence appears to be waning, as they have reduced their stake by 23.11%, which may signal a lack of faith in the company's future prospects.
Broader market context shows that while the shipping sector has gained by 2.45%, Shahi Shipping has not benefited from this trend, instead experiencing a decline in investor participation, with delivery volume falling by 46.08% against the five-day average. In comparison to the broader market, represented by the Sensex, Shahi Shipping's performance has been notably worse, with a one-year return of -38.86% compared to the Sensex's decline of only 2.43%. This stark contrast highlights the stock's struggles and suggests that the recent price increase may not be indicative of a sustainable recovery.