Why is Baba Arts falling/rising?

As of 12-Aug, Baba Arts Ltd's stock price is currently at 8.65, reflecting an increase of 0.16 or 1.88%. The stock has shown a positive trend recently, gaining 4.85% over the last two days and outperforming its sector by 3.12% today. However, despite this short-term gain, the stock has a negative performance over the past month, down 4.74%, and has significantly underperformed over the year with a decline of 31.78%. The company faces challenges, including weak long-term fundamentals with an average Return on Equity (ROE) of 8.92% and a poor EBIT to Interest ratio of 1.57, indicating difficulties in servicing its debt. Additionally, the stock's valuation appears expensive with a Price to Book Value of 1.7, and it has consistently underperformed against benchmarks over the last three years.
In the broader market context, while Baba Arts has seen a positive return of 2.73% over the past week, the benchmark Sensex has declined by 0.59% during the same period. This indicates that the stock's recent gains are somewhat isolated from the overall market trend. However, the stock's long-term performance remains concerning, with a year-to-date decline of 32.79% compared to a modest gain of 2.68% for the Sensex. The falling investor participation, as evidenced by a 32.71% drop in delivery volume, further complicates the stock's outlook, suggesting that despite recent gains, investor confidence may be waning.