Why is Sri Nacha. Cott. falling/rising?

As of 19-Sep, Sri Nachammai Cotton Mills Ltd is experiencing a price increase, currently at 35.27, reflecting a rise of 0.95 or 2.77%. The stock has outperformed its sector today by 2.57%, and its current price is higher than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this positive movement, the stock has shown a mixed performance over different periods, with a 1-week decline of 0.59% and a year-to-date drop of 16.62%. The company faces significant challenges, including operating losses, a high debt-to-equity ratio of 2.44, and a negative long-term growth trend, with net sales declining at an annual rate of 11.70%. These factors contribute to a weak long-term fundamental strength, which may temper the stock's recent gains.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has underperformed the Sensex over the past week while showing a stronger performance over the past month with a return of 10.22% compared to the Sensex's 1.20%. The overall market sentiment appears to be more favorable, as indicated by the Sensex's positive return of 0.88% over the last week. However, the stock's consistent underperformance against the benchmark over the last three years, alongside a significant drop in investor participation, suggests that while there may be short-term gains, the long-term outlook remains uncertain and risky.