Why is TVS Srichakra falling/rising?

As of 15-Sep, TVS Srichakra Ltd's stock price is currently at 2,940.95, reflecting an increase of 33.75 or 1.16%. The stock has shown a trend reversal today, gaining after four consecutive days of decline, although it opened with a loss of 3.17% and touched an intraday low of Rs 2815.05. Despite this, the stock has outperformed its sector by 0.45%. Over the past year, the stock has generated a return of -33.93%, with profits falling by 75%, indicating significant challenges. The company has a high Debt to EBITDA ratio of 2.79 times, which raises concerns about its ability to service debt, and it has declared negative results for the last five consecutive quarters, further impacting investor sentiment.
In the broader market context, the stock's short-term performance has been underwhelming compared to the benchmark, as it has declined by 0.74% over the past week while the Sensex has increased by 1.24%. Although the stock has shown a positive return of 3.63% over the last month, it still lags behind the Sensex's 1.47% gain. The company's low Return on Capital Employed (ROCE) of 4.7 and below-average long-term growth prospects contribute to a cautious outlook among investors, despite the stock trading at a discount compared to its peers' historical valuations.