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

As of 25-Jul, Twenty First Century Management Services Ltd's stock price is currently at Rs 59.86, reflecting a slight increase of 0.01 (0.02%). The stock has been gaining for the last three days, with a total return of 2.62% during this period. However, it is still 4.38% away from its 52-week low of Rs 57.24. Despite this recent uptick, the stock has underperformed over the past month, showing a decline of 5.43%, and a significant year-to-date drop of 33.93%. The company has a high dividend yield of 4.18%, and its valuation appears attractive with a return on equity of 62.5 and a price-to-book value of 0.7. However, the stock's profits have fallen by 61.7% over the past year, contributing to its overall negative performance.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.36% over the past week and a modest gain of 4.25% year-to-date. While institutional investors have increased their stake by 0.77%, indicating rising confidence, the company faces challenges due to operating losses and weak long-term fundamentals. The stock's significant underperformance compared to the broader market, with a one-year return of -25.12% against the market's -0.19%, highlights the ongoing struggles it faces despite recent positive movements.