Why is Alankit falling/rising?

As of 09-Jul, Alankit Ltd's stock price is currently at 15.92, reflecting a decrease of 0.08, or 0.5%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 1.85%. In terms of returns, the stock has shown a positive performance over the past week and month, with increases of 6.63% and 4.74%, respectively. However, it has significantly underperformed over the longer term, with a year-to-date decline of 27.24% and a one-year drop of 36.27%. The stock's current price is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, but lower than its 200-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 62.77% compared to the 5-day average.
In the broader market context, while Alankit has shown some short-term gains, it has underperformed the Sensex, which has only increased by 0.15% over the past week. The stock's weak long-term fundamentals, indicated by an average Return on Equity (ROE) of 7.86% and a significant portion of profits coming from non-operating income, contribute to its negative outlook. Furthermore, despite a slight increase in profits over the past year, the stock's overall performance has lagged behind its peers and the broader market indices, leading to a consensus that it is a strong sell.