Why is Super Tannery falling/rising?

As of 18-Jul, Super Tannery Ltd's stock price is currently at 9.15, reflecting an increase of 0.05 or 0.55%. Today's price summary indicates that the stock has gained after two consecutive days of decline, although it underperformed its sector by 1.01%. The stock's performance over the past week shows a slight decrease of 0.11%, while it has increased by 5.78% over the past month. Despite a year-to-date decline of 22.46%, the company has reported positive results, including a 21.82% growth in net sales over the last 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, which raises concerns about its ability to service debt.
Broader market context reveals that the stock has consistently underperformed against the benchmark, with a return of -7.76% over the past year compared to the Sensex's gain of 0.51%. In the last three years, Super Tannery has lagged behind the BSE500, indicating a trend of underperformance. While the stock is trading at a discount compared to its peers and has shown some positive short-term movements, the overall market sentiment and the company's long-term growth challenges contribute to a cautious outlook.