Why is Vivanta Indust. falling/rising?

As of 19-Sep, Vivanta Industries Ltd's stock price is currently at 2.53, reflecting an increase of 0.01 or 0.4%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. The stock has underperformed significantly over the past year, with a return of -33.42%, and has also seen a decline of 31.62% year-to-date. Positive developments include a substantial growth in net sales and operating profit in the latest quarter, but the company faces challenges such as high debt levels and negative EBITDA, which contribute to its weak long-term fundamentals.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has declined by 0.78% over the past week while the Sensex has increased by 0.88%. This underperformance is consistent with its longer-term trends, where it has lagged behind the BSE500 in various time frames, including the last three years and one year. The rising investor participation, evidenced by an increase in delivery volume, suggests some interest in the stock, but the overall sentiment remains cautious due to its high debt-to-EBITDA ratio and low return on equity, indicating a risky investment environment.