Why is Suraj falling/rising?

As of 11-Sep, Suraj Ltd's stock price is currently at Rs 324.00, reflecting an increase of Rs 15.9 or 5.16%. The stock has outperformed its sector by 5.39% today and has shown consecutive gains over the last two days, rising 8.72% in that period. However, despite this recent uptick, the stock has underperformed over the past month with a decline of 4.57% and a year-to-date drop of 37.67%. The company has faced significant challenges, including a 55.6% fall in profits over the past year and negative results in the last two quarters, which contribute to a perception of poor long-term growth potential. Additionally, the high Debt to EBITDA ratio of 2.51 times raises concerns about the company's ability to service its debt, further impacting investor sentiment. In the broader market context, the stock's short-term performance has been notably better than the benchmark, with a 1-week return of 6.23% compared to the Sensex's 1.03%. However, over the longer term, Suraj Ltd has significantly lagged behind the market, with a 1-year return of -17.34% against a slight positive return of 0.03% for the benchmark. This disparity indicates that while the stock may be experiencing a temporary rise, the overall trend remains concerning, particularly given the company's declining sales and lack of domestic mutual fund interest, which suggests a lack of confidence in its future performance.