Why is Vinayak Polycon falling/rising?

As of 23-Sep, Vinayak Polycon International Ltd is currently priced at 33.82, experiencing a slight decline of 0.01, which represents a change of -0.03%. The stock has shown strong performance in the short term, with a 1-week return of +15.70%, outperforming the Sensex, which has decreased by 0.34%. However, despite this recent uptick, the stock has a year-to-date decline of -16.33% and a one-year return of -14.29%. The stock is trading above its moving averages across various time frames, indicating a positive trend. Nonetheless, there is a concerning drop in investor participation, with delivery volume falling by 77.95% compared to the 5-day average. The company has an attractive valuation with a Return on Capital Employed (ROCE) of 9.7, but its profits have decreased by 8% over the past year, contributing to a mixed outlook.
Broader Market Context: In the context of the broader market, Vinayak Polycon's recent performance contrasts with the Sensex, which has shown a modest gain of 5.07% year-to-date. While the stock has outperformed the sector today, the overall long-term fundamentals appear weak, with a low average ROCE of 4.85% and a high Debt to EBITDA ratio of 3.38 times, indicating challenges in servicing debt. The company's flat results in June and low operating profit growth over the past five years further underscore the difficulties it faces. This combination of strong short-term performance but weak long-term fundamentals may lead to cautious sentiment among investors, influencing the stock's current price movement.