Why is Annvrridhhi Ven falling/rising?

As of 17-Jul, Annvrridhhi Ventures Ltd is experiencing a price increase, currently at 12.20, with a change of 0.12, representing a 0.99% rise. The stock has shown a positive trend over the last three days, gaining 2.35% during this period, and has outperformed its sector by 1.32% today. However, it is trading below its moving averages across various time frames, indicating potential weakness. Despite the recent positive performance, the stock has significantly underperformed over the past year, with a return of -61.12%, even as the company reported positive results in the last three consecutive quarters, including a notable increase in net sales and profits.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by 3.94% over the past week while the Sensex has only decreased by 1.12%. This underperformance is further highlighted by the stock's year-to-date decline of 48.41%, compared to a 5.27% increase in the benchmark. The company's weak long-term fundamentals, indicated by a low return on equity and high valuation metrics, suggest that while there may be short-term gains, the overall outlook remains challenging, contributing to investor caution.