Why is Shivam Autotech falling/rising?

As of 26-Jun, Shivam Autotech Ltd's stock price is currently at Rs 32.00, reflecting an increase of Rs 1.0 or 3.23%. The stock has shown a positive trend recently, gaining 3.9% over the last two days and outperforming its sector by 2.9% today. Despite opening with a loss of 2.71%, it reached an intraday high of Rs 32.9, indicating some volatility. Over the past week, the stock has risen by 5.12%, while it has underperformed the market significantly over the year with a decline of 23.52%. The company's financials reveal a fair valuation with a return on capital employed (ROCE) of 3, but it also faces challenges such as high debt levels, evidenced by a debt-equity ratio of 10.73 times, and a negative return on equity (ROE).
In the broader market context, Shivam Autotech's short-term performance has been stronger than the benchmark, with a 5.12% increase over the past week compared to the Sensex's 2.94%. However, the stock's year-to-date performance is concerning, with a decline of 29.82% against the Sensex's gain of 7.19%. The company's weak long-term fundamentals, including declining net sales and operating profit, alongside reported losses, contribute to a negative outlook despite recent gains. The falling investor participation and lower delivery volumes further indicate a lack of confidence among investors, which could impact future price movements.