Why is Shahlon Silk falling/rising?

As of 09-Jul, Shahlon Silk Industries Ltd is currently priced at 19.45, reflecting an increase of 0.2 or 1.04%. The stock has shown positive momentum, gaining 2.37% over the last two days and outperforming its sector by 1.05% today. Additionally, the stock has performed well over the past week and month, with returns of 3.46% and 9.58%, respectively. However, it is important to note that the stock has experienced a decline of 3.71% year-to-date and a modest increase of only 0.26% over the past year. The company's return on capital employed (ROCE) of 9.3 indicates an attractive valuation, but it is trading at a discount compared to its peers. Despite these positive indicators, the company has faced challenges, including a significant drop in net sales and a high debt-to-EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, Shahlon Silk's recent performance has outpaced the Sensex, which has only increased by 0.15% over the past week. The stock's ability to maintain a higher trading position relative to its moving averages suggests a positive short-term trend. However, the decline in delivery volume by 67.89% against the five-day average raises concerns about investor participation and liquidity. While the stock has shown resilience in the short term, the underlying issues related to profitability and sales growth may pose risks for sustained performance in the future.