Why is Suraj falling/rising?

As of 30-Jul, Suraj Ltd's stock price is currently at 364.00, reflecting an increase of 5.6, or 1.56%. The stock has shown a positive performance today, outperforming its sector by 0.97%, and has been gaining for the last two days with a total return of 2.18% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum. Despite generating a return of 50.41% over the past year, the company has faced challenges, including a high Debt to EBITDA ratio of 2.51 times and negative results in the last two quarters, which have contributed to a decline in net sales and operating profit growth. The lack of domestic mutual fund investment may also reflect a lack of confidence in the company's future performance.
In the broader market context, Suraj Ltd's short-term return of -0.41% over the past week contrasts with the Sensex, which has declined by 1.50% during the same period. This indicates that while the stock is experiencing a rise today, it has underperformed the benchmark in the short term. The company's long-term performance remains strong, with a remarkable 415.95% increase over the past three years, but recent financial difficulties and declining investor participation suggest caution among investors. Overall, while the stock is currently rising, the underlying financial challenges may limit its upward momentum in the future.