Why is Alkali Metals falling/rising?

As of 25-Aug, Alkali Metals Ltd is currently priced at 89.97, reflecting a slight increase of 0.09 (0.1%). The stock has shown a positive performance today, outperforming its sector by 0.47% and has been gaining for the last two days, with a total return of 0.68% during this period. However, despite this recent uptick, the stock has experienced a decline of 4.08% over the past month and a significant drop of 19.45% year-to-date. Positive factors include a notable growth in net sales of 40.49% for the quarter ending June 25 and a higher profit after tax for the nine-month period. Conversely, the stock faces challenges due to weak long-term fundamentals, including a -198.56% CAGR growth in operating profits over the last five years and a low return on equity of 3.08%, indicating low profitability. Additionally, 30.06% of promoter shares are pledged, which may exert downward pressure in a declining market.
In the broader market context, the stock's short-term return of +2.87% over the past week significantly outperforms the Sensex, which has only increased by 0.45% during the same period. However, the stock's long-term performance remains concerning, with a -22.47% return over the past year compared to a modest gain of 0.68% for the benchmark. This underperformance, coupled with falling investor participation and liquidity issues, suggests that while there may be short-term gains, the overall outlook for Alkali Metals remains weak in the context of broader market trends.