Why is Alankit falling/rising?

As of 10-Jul, Alankit Ltd's stock price is currently at 16.00, reflecting an increase of 0.08 or 0.5%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 0.37% today, although there is a notable decrease in investor participation, with delivery volume falling by 65.79% compared to the 5-day average. Over the past week, the stock has increased by 0.76%, while it has seen a return of -33.14% over the past year, indicating significant underperformance compared to the benchmark. Despite a rise in profits by 4.8%, the stock's average return on equity (ROE) of 7.6 suggests fair valuation, but it is trading at a premium compared to its peers. In the broader market context, Alankit's short-term performance has been relatively better than the Sensex, which has seen a slight decline of 0.06% over the same week. However, the stock's long-term performance remains concerning, with a -26.87% return year-to-date and a -33.14% return over the past year, significantly underperforming the Sensex's 6.46% gain in the same period. This underperformance, coupled with weak long-term fundamentals and a high reliance on non-operating income, raises concerns about the stock's sustainability in the market.