Why is Tejas Networks falling/rising?

As of 17-Sep, Tejas Networks Ltd is currently priced at 619.00, reflecting an increase of 3.9 (0.63%). The stock has been on a positive trajectory, gaining for the last six days with a total return of 5.33% during this period. It is performing well relative to its sector, with delivery volume rising significantly by 229.06% against the 5-day average. Despite a year-to-date decline of 47.73%, the company has shown healthy long-term growth with net sales increasing at an annual rate of 89.59%. However, it also faces challenges, including a significant drop in net sales of 87.08% reported in June and a high debt-equity ratio of 0.89 times, which may be contributing to cautious sentiment among investors.
In the broader market context, Tejas Networks has outperformed the Sensex in the short term, with a 1-week return of 4.79% compared to the benchmark's 1.56%. This indicates that while the stock is experiencing a rise, it is still underperforming in the long term, with a 1-year return of -50.68% against the Sensex's slight decline of -0.46%. Additionally, the decrease in institutional investor participation, which has fallen by 1.08%, suggests a lack of confidence from larger investors, potentially impacting the stock's future performance. Overall, while there are positive indicators in the short term, the long-term outlook remains mixed due to significant past losses and current financial challenges.