Why is Sheela Foam falling/rising?

As of 23-Sep, Sheela Foam Ltd. is currently priced at 683.95, reflecting an increase of 3.85 or 0.57%. The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 1.58%. Despite this recent uptick, the stock is trading below all its moving averages, indicating a bearish trend. Over the past week, Sheela Foam has experienced a return of -2.27%, and its performance over the last month is also negative at -2.50%. The company has a low Debt to Equity ratio of 0.24, which is favorable, but its return on capital employed (ROCE) is low at 1.7, and profits have significantly decreased by 56% over the past year. Additionally, the stock has consistently underperformed against benchmarks, with a -25.92% return in the last year.
In the broader market context, the Sensex has shown a slight decline of -0.34% over the past week, while Sheela Foam's performance has been notably worse in the longer term, with a -31.11% return year-to-date compared to the Sensex's +5.07%. This consistent underperformance, coupled with negative results over the last eight quarters, suggests a lack of confidence among investors, despite high institutional holdings at 25.75%. The falling investor participation, as indicated by a significant drop in delivery volume, further reflects the market's cautious stance towards the stock. Overall, while there is a minor uptick in price, the underlying fundamentals and historical performance indicate ongoing challenges for Sheela Foam Ltd.