Why is T B Z falling/rising?

As of 10-Nov, Tribhovandas Bhimji Zaveri Ltd's stock price is currently at Rs 195.35, reflecting an increase of Rs 9.5 or 5.11%. The stock has been on a positive trajectory, gaining for the last five days with a total return of 8.65% during this period. It has outperformed its sector by 4.45% today and is trading above all key moving averages, indicating strong short-term momentum. However, despite these positive movements, the stock has underperformed over the past year with a return of -23.09%, while its profits have risen by 22.8%. The company’s attractive valuation, indicated by a low PEG ratio of 0.8 and a high return on capital employed (ROCE) of 10.9, contrasts with its high debt-to-EBITDA ratio of 4.60, which raises concerns about its ability to service debt.
Broader Market Context: In the short term, the stock has outperformed the benchmark Sensex, which has seen a decline of 0.53% over the past week while T B Z has risen by 7.45%. This divergence suggests that the stock's recent gains may be driven by specific company factors rather than broader market trends. However, the overall market context remains challenging, as institutional investors have reduced their stakes, indicating a lack of confidence in the stock's long-term growth potential. The stock's significant underperformance over the past year compared to the broader market, which has generated positive returns, further highlights the mixed sentiment surrounding T B Z.