Why is Signet Industrie falling/rising?

As of 18-Sep, Signet Industries Ltd is currently priced at 55.20, experiencing a decline of 0.12, which represents a decrease of 0.22%. The stock has shown a positive performance over the past week and month, with returns of 1.92% and 6.15%, respectively, outperforming the Sensex, which returned 1.80% and 2.14% in the same periods. However, the stock has faced significant challenges over the longer term, with a year-to-date decline of 23.12% and a one-year return of -23.24%. Despite a recent increase in investor participation, as indicated by a 5.21% rise in delivery volume, the stock's moving averages indicate it is currently lower than its 20-day, 50-day, 100-day, and 200-day averages. The company's attractive valuation, with a return on capital employed of 12.6 and a PEG ratio of 0.2, contrasts with its high Debt to EBITDA ratio of 4.08, which raises concerns about its ability to service debt and overall profitability.
In the broader market context, while Signet Industries has outperformed the Sensex in the short term, its long-term performance has been underwhelming, with significant underperformance compared to the BSE500 over the past three years. The company's net sales have declined by 12% in the latest quarter, and despite a profit increase of 49.1% over the past year, the overall sentiment remains cautious due to low growth rates in net sales and operating profit over the last five years. This combination of factors contributes to a mixed outlook for the stock, as it struggles with both short-term gains and long-term sustainability.