Why is Suryalata Spg. falling/rising?

As of 22-Sep, Suryalata Spinning Mills Ltd is currently priced at 325.25, reflecting a slight increase of 0.05 (0.02%). The stock has shown a positive performance today, outperforming its sector by 0.73%. In terms of returns, the stock has increased by 2.28% over the past week and 3.42% over the past month, while it has experienced a decline of 19.56% over the past year. Despite these recent gains, the stock is still trading below its 50-day, 100-day, and 200-day moving averages, indicating some weakness in the longer-term trend. Positive factors contributing to the stock's movement include strong quarterly results, with a significant growth in profit after tax and a low debt-equity ratio, suggesting a favorable valuation compared to peers. However, the stock faces challenges due to weak long-term fundamentals, including a negative CAGR growth in operating profits and a high percentage of pledged promoter shares, which could exert downward pressure on the stock price.
In the broader market context, Suryalata Spinning Mills Ltd has outperformed the Sensex over the past week and month, with respective increases of 2.28% and 3.42% compared to the Sensex's 0.46% and 1.05%. However, the stock's year-to-date performance remains concerning, with a decline of 5.52% compared to the Sensex's gain of 5.15%. This underperformance in the longer term, coupled with the company's pledged shares and weak profitability metrics, suggests that while there may be short-term gains, the stock's overall outlook remains uncertain in the context of broader market trends.