Why is Tuni Text. Mills falling/rising?

As of 22-Jul, Tuni Textile Mills Ltd is experiencing a slight increase in its stock price, currently at 1.40, with a change of 0.01, representing a 0.72% rise. Today's price summary indicates that the stock has outperformed its sector by 1.15% and has gained after five consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, the stock has shown a significant underperformance over the past year, with a return of -26.32%, while profits have risen by 23%. The company's valuation appears attractive with a ROCE of 7.8 and a PEG ratio of 0.2, but it faces challenges with a high Debt to EBITDA ratio of 6.86 times, indicating weak long-term fundamental strength.
In the broader market context, Tuni Textile Mills has underperformed against the benchmark, with a 1-week return of -0.71% compared to the Sensex's -0.47%. Over the past year, the stock's performance has been significantly weaker than the benchmark, contributing to a consistent underperformance against the BSE500 over the last three years. This trend highlights the stock's struggle to attract investor participation, as evidenced by a 50.33% drop in delivery volume compared to the 5-day average. While the stock's recent uptick may suggest a temporary reversal, the overall negative performance metrics and high debt levels indicate ongoing challenges that could hinder sustained recovery.