Why is Siyaram Silk falling/rising?

As of 29-Aug, Siyaram Silk Mills Ltd's stock price is currently at Rs 613.20, reflecting an increase of Rs 5.9 or 0.97%. Today, the stock has shown a positive trend, gaining after two consecutive days of decline, and opened with a gain of 2.73%. It reached an intraday high of Rs 623.9. Despite this short-term recovery, the stock has experienced a decline of 9.63% over the past month and a significant year-to-date drop of 29.98%. Positive factors contributing to the stock's movement include a strong ability to service debt, as indicated by a low Debt to EBITDA ratio of 0.57 times, and healthy long-term growth with an annual operating profit increase of 67.61%. However, negative results from the latest quarter, including a 59.7% drop in PAT, may weigh on investor sentiment.
In the broader market context, the stock has outperformed the sector today by 0.8%, while the benchmark Sensex has declined by 1.84% over the past week. Despite a strong one-year return of 27.00% compared to the BSE500's negative return of -5.40%, the stock's performance has been inconsistent, with a year-to-date decline contrasting with its historical growth. The falling investor participation, as evidenced by a 30.98% drop in delivery volume, suggests a potential lack of confidence among investors, which could impact future price movements. Overall, while the stock shows some positive short-term recovery, the underlying financial challenges and market sentiment may continue to influence its trajectory.