Why is Arunjyoti Bio falling/rising?

As of 25-Jun, Arunjyoti Bio Ventures Ltd's stock price is currently at 6.49, reflecting an increase of 0.3 or 4.85%. The stock has shown a strong performance recently, gaining 21.08% over the last four days and outperforming its sector by 4.24%. However, despite this recent uptick, the stock has experienced significant declines over longer periods, with a year-to-date drop of 67.84% and a one-month decline of 11.58%. Additionally, the company's promoter holding has decreased to 47.64%, which may contribute to investor concerns. The stock's weak long-term fundamentals are highlighted by a low return on equity (ROE) of 6.58% and negative profit growth, indicating that while the stock is rising in the short term, underlying financial issues persist.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has outperformed the Sensex by 15.07% over the past week while the Sensex only increased by 1.61%. However, over the last year, Arunjyoti Bio has underperformed significantly, generating a return of -15.85% compared to the market's positive return of 6.02%. This disparity suggests that while the stock may be experiencing a temporary rise, it remains under pressure from its long-term performance and fundamental weaknesses, which could affect investor sentiment moving forward.