Why is Shivam Autotech falling/rising?

As of 05-Sep, Shivam Autotech Ltd's stock price is currently at 28.85, reflecting an increase of 0.81 or 2.89%. The stock has shown a performance today that outperformed its sector by 2.5%. However, it is important to note that while the stock is higher than its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 4.91%, but it has experienced a decline of 3.16% over the last month and a significant drop of 36.73% year-to-date. The company has a high debt-to-equity ratio of 10.73, indicating weak long-term fundamental strength, and has reported negative results for the last two consecutive quarters, which could be contributing to investor caution despite the recent price increase.
Broader market context shows that while Shivam Autotech has outperformed the sector in the short term, it has underperformed the benchmark Sensex, which has remained flat over the last month. The stock's long-term performance is concerning, with a return of -42.98% over the past year, compared to a slight decline of 1.81% in the Sensex. The company's weak financials, including falling net sales and operating profit, alongside high debt levels, suggest that the recent price increase may not be sustainable without significant improvements in its financial health.