Why is 3P Land Hold. falling/rising?

As of 22-Aug, 3P Land Holdings Ltd's stock price is currently at Rs 48.28, reflecting an increase of Rs 1.25 or 2.66%. The stock has shown a trend reversal by gaining after three consecutive days of decline and has outperformed its sector by 3.75% today. Despite this positive movement, the stock's performance over the past week is down by 0.88%, although it has gained 0.79% over the past month. In the last year, the stock has generated a return of 7.43%, which is notable given its long-term performance of 166.01% over three years. However, the stock's weak long-term fundamental strength, indicated by a low return on equity of 1.48% and flat results in recent quarters, raises concerns about its sustainability.
Broader market context shows that while the stock has outperformed the benchmark Sensex in the long term, it has struggled in the short term, particularly with a year-to-date decline of 18.24% compared to the Sensex's gain of 4.05%. The recent drop in investor participation, with delivery volume falling by 61.46% against the five-day average, suggests a lack of confidence among investors. Although the stock remains liquid enough for trading, the combination of weak fundamentals and declining investor interest may contribute to a cautious outlook despite today's price increase.