Why is 21st Cent. Mgmt. falling/rising?

As of 18-Jul, Twenty First Century Management Services Ltd is experiencing a price increase, currently at Rs 59.98, reflecting a rise of 0.9 or 1.52%. The stock has shown a positive performance today, outperforming its sector by 1.81% and has gained for the last two days, accumulating a total return of 2.53% during this period. However, it is important to note that the stock is still trading lower than its moving averages across various time frames and is close to its 52-week low, being just 4.57% away from Rs 57.24. Despite a significant decline in profits over the past year, the company maintains a high return on equity of 62.5 and a high dividend yield of 4.23%, which may attract some investors looking for value.
In the broader market context, the stock has underperformed compared to the Sensex, which has shown a slight gain of 0.38% over the past month, while Twenty First Century Management Services Ltd has declined by 7.24% in the same timeframe. The stock's year-to-date performance is notably poor, with a drop of 33.80% against the Sensex's gain of 4.63%. This stark contrast highlights the company's struggles, particularly with operating losses and a significant decline in profits, which have fallen by 61.7%. Although the stock is trading at a discount compared to its peers, the weak long-term fundamental strength and negative financial results contribute to a cautious outlook among investors.