Why is Aro Granite Inds falling/rising?

As of 29-Jul, Aro Granite Industries Ltd's stock price is currently at 37.75, reflecting an increase of 0.53 or 1.42%. The stock has shown a positive trend recently, gaining 3.37% over the last two days and outperforming its sector by 1.74%. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 19.94% and a staggering 38.15% drop over the past year. The company faces significant challenges, including a weak long-term fundamental strength characterized by a -185.45% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 10.75 times, indicating low profitability and high financial risk.
In the broader market context, while the Sensex has shown a slight positive return of 4.09% year-to-date, Aro Granite's performance has been significantly worse, with a year-to-date decline of nearly 20%. The stock's recent gains come amid a backdrop of falling investor participation, as evidenced by a 41.35% decrease in delivery volume compared to the five-day average. This suggests that while the stock may be experiencing a brief uptick, the overall sentiment remains cautious due to its historical underperformance and negative operating profits, which could deter long-term investors.