Why is Acme Resources falling/rising?

As of 14-Jul, Acme Resources Ltd is experiencing a price increase, currently at Rs 42.19, reflecting a rise of 2.07 or 5.16%. Today, the stock outperformed its sector by 5.08% and opened with a gain of 3.79%. It reached an intraday high of Rs 42.23. However, despite this positive movement, the stock has shown a decline of 0.73% over the past week and a significant drop of 13.23% year-to-date. The company faces challenges with operating losses and poor long-term growth, as evidenced by a negative annual growth rate in net sales and operating profit. Additionally, the stock is trading at a premium compared to its peers, which raises concerns about its valuation.
In the broader market context, while Acme Resources has outperformed its sector today, it has underperformed the benchmark, the Sensex, over the past year, with a return of -11.81% compared to the market's 5.27%. The stock's recent performance contrasts with its strong long-term returns, having increased by 141.09% over three years and 388.31% over five years. However, the recent decline in investor participation and liquidity issues may hinder its recovery. Overall, while the stock has shown a positive movement today, the underlying fundamentals and market performance suggest caution.