Why is Supertex Inds. falling/rising?

As of 24-Sep, Supertex Industries Ltd is currently priced at 7.45, reflecting an increase of 0.07 or 0.95%. The stock has shown a positive performance today, outperforming its sector by 1.38% and has been on a consecutive gain for the last two days, rising 2.34% during this period. However, despite this short-term uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 32.03% and a one-year return of -31.78%. The company has a return on capital employed (ROCE) of 4.1, indicating fair valuation, but it is trading at a discount compared to its peers. The negative factors include a high debt to EBITDA ratio of 8.62 times and a significant drop in profits, which has contributed to a weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has gained 0.27% over the past week while the Sensex has declined by 1.18%. This indicates that Supertex Industries Ltd is experiencing a short-term recovery despite its consistent underperformance against the benchmark over the last three years. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting rising investor participation. However, the overall negative sentiment surrounding the company's long-term profitability and ability to service debt continues to weigh heavily on its performance.