Why is Stanpacks(India) falling/rising?

As of 10-Jun, Stanpacks (India) Ltd is experiencing a price increase, currently at 11.70, reflecting a rise of 0.75 or 6.85%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. Despite this uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting underlying weakness. Over the past week, the stock has underperformed the market, with a return of -2.50% compared to the Sensex's +2.05%. Additionally, while the stock has generated a negative return of -7.87% over the past year, it is trading at a discount relative to its peers, which may attract some investor interest. However, the company faces challenges such as high debt levels and weak long-term growth, with a debt-to-equity ratio of 3.01 times and an annual operating profit decline of -13.15% over the last five years.
Broader Market Context: In the context of the broader market, Stanpacks (India) has significantly underperformed, with a year-to-date return of -20.41% compared to the Sensex's +5.44%. This stark contrast highlights the stock's struggles amidst a generally positive market environment. While the stock's recent performance today suggests a potential recovery, the overall trend remains bearish, as indicated by various technical factors. The broader market's resilience, reflected in the Sensex's positive returns, further emphasizes the challenges faced by Stanpacks (India) in regaining investor confidence and achieving sustainable growth.