Why is Super Tannery falling/rising?

As of 11-Jul, Super Tannery Ltd's stock price is currently at 9.16, reflecting an increase of 0.03, or 0.33%. The stock has shown mixed performance in recent periods, with a 1-week decline of 0.33% and a 1-month increase of 0.99%. Today's performance indicates that it underperformed its sector by 1.2%. The stock's delivery volume has increased by 3.48% compared to the 5-day average, suggesting rising investor participation. Despite a year-to-date decline of 22.37%, the company has reported positive financial metrics, including a 21.82% growth in net sales over the past nine months and a high return on capital employed (ROCE) of 8.88%. However, the stock's long-term fundamentals are weak, with a low average ROCE of 6.71% and a high debt-to-EBITDA ratio of 3.86 times, which could be contributing to investor caution.
In the broader market context, Super Tannery has underperformed the Sensex, which has gained 5.58% year-to-date, while Super Tannery's stock has dropped significantly. Over the past year, the stock has generated a return of -8.40%, contrasting sharply with the Sensex's positive return of 3.26%. This consistent underperformance against the benchmark over the last three years may be influencing investor sentiment negatively, despite some recent positive financial indicators. The stock's current valuation appears attractive compared to its peers, but the long-term growth concerns and high debt levels may overshadow these positives, leading to a cautious outlook among investors.