Why is Vineet Laborator falling/rising?

As of 30-Sep, Vineet Laboratories Ltd is currently priced at 38.00, reflecting an increase of 0.47 (1.25%). The stock has shown a positive trend recently, gaining 8.29% over the last three days and outperforming its sector by 1.29% today. Despite this short-term gain, the company has faced significant challenges, including a weak long-term fundamental strength indicated by a -212.67% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.26 times. Additionally, the company has reported negative results for the last five consecutive quarters, with net sales and profit after tax both declining by 64.67%. Promoter confidence has also waned, with a 6.59% reduction in their stake, suggesting concerns about the company's future.
In the broader market context, Vineet Laboratories has outperformed the Sensex in the short term, with a 4.11% increase over the past week compared to a -2.23% decline in the benchmark. However, the stock has consistently underperformed against the benchmark over the last three years, with a -35.35% return in the past year compared to a -4.78% decline in the Sensex. This consistent underperformance, coupled with the company's ongoing financial struggles, indicates that while there may be short-term gains, the long-term outlook remains precarious.