Why is Sterling Tools falling/rising?

As of 12-Aug, Sterling Tools Ltd. is experiencing a price increase, currently at Rs 309.70, reflecting a rise of 8.45 or 2.8%. Today, the stock has shown a trend reversal, gaining after eight consecutive days of decline, and it outperformed its sector by 1.14%. Despite this positive movement, the stock has underperformed over the past week and month, with returns of -4.80% and -12.71%, respectively. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. The company's financials reveal a strong ability to service debt with a low Debt to EBITDA ratio of 0.66 times, and it has demonstrated healthy long-term growth with net sales increasing at an annual rate of 27.30%. However, the stock's performance has been negatively impacted by a significant drop in profits, with a -48.64% growth in PAT over the last six months and a -57.18% decline in PBT.
Broader market context shows that while the Sensex has generated a return of -0.59% over the past week and -2.75% over the past month, Sterling Tools has significantly lagged behind with its respective returns. Institutional investor participation has also decreased, with a -2.57% reduction in their stake, indicating a lack of confidence from those with greater analytical resources. This decline in institutional interest, coupled with the stock's substantial underperformance over the past year, where it fell by -19.31% compared to the market's -2.11%, suggests that while there may be short-term gains, the overall sentiment remains cautious regarding the stock's long-term viability.