Why is Alkali Metals falling/rising?

As of 04-Sep, Alkali Metals Ltd is currently priced at 86.63, reflecting a slight increase of 0.01 (0.01%). The stock has shown a positive trend recently, gaining for the last three days with a total return of 0.94% during this period. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 22.44% and a one-year return of -26.15%. The company's recent financial results indicated a growth in net sales and a higher profit after tax, but significant concerns remain regarding its long-term fundamental strength, including a drastic -198.56% CAGR growth in operating profits over the last five years and a low return on equity of 3.08%. Additionally, 30.06% of promoter shares are pledged, which can exert downward pressure on the stock in a declining market.
In the broader market context, Alkali Metals has outperformed the Sensex by 0.9% today, which indicates some relative strength in the short term. However, the stock's performance over the past month shows a decline of 3.78%, contrasting with the Sensex's minor drop of 0.37%. This suggests that while the stock may be experiencing a brief rally, it is still facing significant challenges compared to the overall market. The falling investor participation, as evidenced by a 38.01% drop in delivery volume, further highlights the cautious sentiment surrounding the stock, indicating that investors may be wary of its long-term viability despite recent positive sales figures.