Why is Sibar Auto Parts falling/rising?

As of 12-Sep, Sibar Auto Parts Ltd is currently priced at 9.50, reflecting an increase of 0.1 or 1.06%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.32%. However, it is trading below its moving averages across various time frames, indicating a generally weak performance. Over the past week, the stock has decreased by 4.04%, and it has also underperformed significantly on a year-to-date basis with a decline of 25.20%. The company is facing challenges, including operating losses and weak long-term fundamental strength, which are contributing to its overall negative performance. Despite a recent increase in investor participation, the stock's ability to service its debt remains weak, further complicating its outlook.
In the broader market context, the Sensex has shown a positive return of 1.48% over the past week, contrasting sharply with Sibar Auto Parts' decline. This underperformance is evident as the stock has generated a return of -30.04% over the past year, while the benchmark has only declined by 1.28%. The significant disparity between the stock's performance and that of the broader market highlights the challenges faced by Sibar Auto Parts, particularly in terms of its operational profitability and growth prospects. Overall, the stock's recent rise is overshadowed by its long-term struggles and the broader market's relative strength.