Why is Shish Industries falling/rising?

As of 26-Aug, Shish Industries Ltd is experiencing a slight increase in its stock price, currently at Rs 7.51, reflecting a change of 0.04 or 0.54% upward. The stock has shown a positive trend recently, gaining 2.18% over the last three days and outperforming its sector by 1.99% today. However, it remains 4.13% away from its 52-week low of Rs 7.20. Despite this recent uptick, the stock has had a challenging year, with a year-to-date return of -42.67% and a one-year return of -36.19%. The company has a low Debt to EBITDA ratio of 1.19, indicating a strong ability to service its debt, but it also faces concerns such as flat results in June and a low return on capital employed (ROCE) of 5.1, which suggest an expensive valuation relative to its peers.
In the broader market context, Shish Industries has outperformed the Sensex in the short term, with a one-week return of +3.44% compared to the benchmark's -1.05%. However, the stock's long-term performance has been below par, underperforming the BSE500 over the last three years, one year, and three months. The falling investor participation, indicated by a 16.6% drop in delivery volume, may also contribute to the stock's volatility. Overall, while there are some positive indicators in the short term, the long-term outlook remains concerning, reflecting a complex interplay of factors influencing investor sentiment.