Why is Sutlej Textiles falling/rising?

As of 25-Jul, Sutlej Textiles and Industries Ltd is experiencing a price increase, currently at Rs 44.65, reflecting a rise of 1.68 or 3.91%. Today's price summary indicates that the stock outperformed its sector by 6.78% and opened with a significant gain of 4.49%. After four consecutive days of decline, the stock has shown a trend reversal, reaching an intraday high of Rs 47, which is a 9.38% increase. However, the stock's performance over the past week is down by 4.02%, and it has underperformed the market significantly over the last year, with a return of -33.43% compared to the benchmark's -0.19%. The company's long-term fundamentals are weak, with a -199.23% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio of 8.68 times, indicating challenges in servicing debt and low profitability.
Broader Market Context: In the context of the broader market, Sutlej Textiles has shown a stark contrast in its short-term performance compared to the benchmark, as it has declined by 4.02% over the past week while the Sensex has only fallen by 0.36%. Despite the stock's recent gains, the overall sentiment remains cautious due to its significant underperformance over the past year and the lack of domestic mutual fund investment, which may suggest a lack of confidence in the company's future prospects. The textile sector itself has also faced challenges, with a decline of 2.97%, further complicating the stock's recovery efforts.