Why is Sundaram Clayton falling/rising?

As of 20-Aug, Sundaram Clayton Ltd's stock price is rising, currently at Rs 1,732.65, reflecting an increase of Rs 39.45 or 2.33%. Today's performance indicates that the stock has outperformed its sector by 3.76%, reaching an intraday high of Rs 1,732.8. However, despite this positive movement, the stock is still 4.67% away from its 52-week low and has shown a decline of 12.90% over the past month. The company's weak long-term fundamentals are concerning, as evidenced by a Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio of 15.43 times. Additionally, the recent negative quarterly results, including a significant loss in profit after tax and the lowest net sales, contribute to a perception of risk in the stock.
Broader market context shows that while Sundaram Clayton has gained 4.31% over the past week, the benchmark Sensex has only increased by 1.64% during the same period. This suggests that the stock's recent rise is somewhat isolated, as it has not performed well year-to-date, with a decline of 32.13% compared to the Sensex's gain of 4.76%. The reduction in promoter confidence, with a 2.81% decrease in their stake, further complicates the outlook for the company, indicating potential concerns about its future performance. Overall, while the stock is experiencing a short-term rise, the underlying fundamentals and broader market comparisons suggest a cautious approach.