Why is TVS Srichakra falling/rising?

As of 01-October, TVS Srichakra Ltd's stock price is rising, currently at 3,660.85, reflecting an increase of 459.95 or 14.37%. The stock has outperformed its sector by 13.12% today and has shown consecutive gains over the last two days, with a total return of 14.44% in this period. Despite opening with a loss of 5.87%, it reached an intraday high of Rs 3,800, indicating significant volatility with a wide trading range of Rs 786.95. However, the stock's delivery volume has decreased significantly, falling by 81.38% compared to the five-day average, which may indicate a decline in investor participation. The company has a low return on capital employed (ROCE) of 4.7 and has reported a substantial profit decline of 75% over the past year, contributing to a mixed sentiment among investors.
In the broader market context, TVS Srichakra has shown a strong short-term performance, with a 10.97% increase over the past week, while the benchmark Sensex has decreased by 0.90%. Over the last month, the stock has risen by 28.05%, contrasting with the Sensex's modest gain of 0.77%. Despite these positive short-term returns, the stock's long-term outlook remains concerning due to its high debt-to-EBITDA ratio of 2.79 and negative results over the last five quarters, which have led to a decline in profitability. The stock is trading at a discount compared to its peers, but the overall financial health of the company raises questions about its ability to sustain growth, which could impact future price movements.