Why is Zuari Industries falling/rising?

As of 11-Aug, Zuari Industries Ltd's stock price is currently at 309.05, reflecting an increase of 6.05, or 2.0%. Today's price movement indicates a trend reversal, as the stock has gained after two consecutive days of decline. It has outperformed its sector by 0.65% today and reached an intraday high of Rs 314, which is a 3.63% increase. However, the stock has experienced a decline of 3.47% over the past week and a significant drop of 13.00% over the past year. Despite a very attractive valuation with a Return on Capital Employed (ROCE) of 0.3 and trading at a discount compared to peers, the stock's profits have fallen drastically by 7404% over the past year, contributing to its overall negative performance.
In the broader market context, the Sensex has only declined by 0.51% over the past week, indicating that Zuari Industries has underperformed relative to the benchmark. While the stock has shown some positive movement today, its long-term fundamentals remain weak, with a high Debt to EBITDA ratio and poor growth in net sales. This suggests that despite the short-term gains, the underlying issues could continue to pressure the stock's performance in the future. Overall, the recent rise in stock price may be a temporary reaction to market conditions rather than a sign of long-term strength.