Why is Vardhman Acrylic falling/rising?

As of 05-Sep, Vardhman Acrylics Ltd's stock price is currently at 46.43, reflecting an increase of 0.94 or 2.07%. The stock has outperformed its sector today by 2.51%, although it has shown a mixed performance over different periods, with a 1-week gain of 4.31% but a 1-month decline of 0.83%. The stock is currently trading above its 5-day, 20-day, and 100-day moving averages, but below its 50-day and 200-day moving averages. Despite a low debt-to-equity ratio, the company has faced significant challenges, including a poor long-term growth outlook, negative operating profits, and a substantial decline in net sales and profits over the past five years. These factors contribute to a perception of risk surrounding the stock, which has consistently underperformed against the benchmark over the last three years.
In the broader market context, Vardhman Acrylics has shown a short-term return that exceeds the Sensex's 1-week performance of 1.29%, indicating some positive momentum. However, the stock's year-to-date performance is notably poor at -13.94%, contrasting sharply with the Sensex's gain of 4.64%. This underperformance over the longer term, combined with negative financial indicators such as a significant drop in profit after tax and a low return on capital employed, suggests that while there may be short-term gains, the overall outlook remains challenging for Vardhman Acrylics Ltd.