Why is Supertex Inds. falling/rising?

As of 22-Aug, Supertex Industries Ltd is experiencing a price increase, currently at 7.51, reflecting a rise of 0.21 or 2.88%. Today's price summary indicates that the stock has outperformed its sector by 3.11% and has gained after four consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. Despite a significant drop of 32.34% in returns over the past year and a 53% decline in profits, the stock is trading at a discount compared to its peers, which may attract some investors. The increase in delivery volume by 219.47% against the 5-day average indicates rising investor participation, although the company's weak long-term fundamentals and high debt levels remain concerning.
In the broader market context, Supertex's short-term performance contrasts with the Sensex, which has gained 0.88% over the past week while Supertex has declined by 4.94%. This underperformance highlights the challenges the company faces, including a negative return on equity and a high debt-to-EBITDA ratio, which could deter long-term investors. The stock's significant decline over the past year and the negative results reported in June further emphasize its struggles in both the near and long term. Overall, while there is a slight upward movement today, the underlying fundamentals and market conditions suggest a cautious outlook for Supertex Industries Ltd.