Why is Baba Arts falling/rising?

As of 21-Aug, Baba Arts Ltd is currently priced at 8.34, reflecting a slight increase of 0.01 or 0.12%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.58%. Despite this short-term gain, the stock has underperformed significantly over longer periods, with a year-to-date decline of 35.20% and a three-year drop of 59.61%. The company's weak long-term fundamentals, highlighted by an average Return on Equity (ROE) of 9.07% and poor growth in net sales and operating profit, contribute to its overall negative performance. Additionally, the stock's valuation appears expensive relative to its peers, and it has consistently underperformed against the benchmark over the past three years.
In the broader market context, while Baba Arts has outperformed its sector by 2.32% today, it still lags behind the benchmark Sensex, which has shown a positive return of 1.74% over the past week. The stock's recent price movement is also contrasted by its trading below all major moving averages, indicating a potential struggle to maintain upward momentum. Furthermore, despite a rise in investor participation, as evidenced by a significant increase in delivery volume, the overall sentiment remains cautious due to the company's flat earnings results and declining profits over the past year. This combination of factors suggests that while there may be short-term gains, the long-term outlook for Baba Arts remains challenging.