Why is Alankit falling/rising?

As of 25-Jul, Alankit Ltd's stock price is currently at 15.80, reflecting a decrease of 0.23, or 1.43%. The stock has shown mixed performance recently, with a 1-week decline of 0.94% and a more favorable 1-month increase of 9.27%. Despite outperforming its sector today by 0.69%, the stock is trading below its 5-day, 20-day, and 200-day moving averages, indicating some short-term weakness. Additionally, while the stock has experienced a significant decline of 35.17% over the past year, its profits have increased by 4.8%, suggesting that the stock may be undervalued despite its poor long-term performance characterized by a low return on equity (ROE) of 7.6%.
Broader Market Context: In comparison to the benchmark, Alankit's recent performance has been less favorable, with a year-to-date decline of 27.79% against a 4.25% increase in the Sensex. The finance/NBFC sector has also faced challenges, falling by 2.12%, which may have contributed to the stock's downward movement. The stock's liquidity appears adequate for trading, but the overall market sentiment has been negative, as evidenced by the stock's significant underperformance relative to the broader market over the past year.