Why is Batliboi falling/rising?

As of 10-Jul, Batliboi Ltd's stock price is currently at 121.65, reflecting an increase of 2.25 or 1.88%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It outperformed its sector by 1.64% today and reached an intraday high of Rs 122.7. Despite a negative return of -8.33% over the past month and -6.64% year-to-date, the stock's recent performance is bolstered by strong financial metrics, including the highest cash and cash equivalents at Rs 27.22 crore and net sales of Rs 119.04 crore. The stock is trading at a discount compared to its peers, and its profits have increased by 19.5% over the past year, which may contribute positively to investor sentiment.
In the broader market context, Batliboi's short-term performance has been relatively weak compared to the benchmark Sensex, which has gained 0.97% over the past month. While the stock has outperformed the sector today, its longer-term returns of -1.74% over the past year contrast sharply with the Sensex's positive return of 4.09%. This disparity highlights the challenges Batliboi faces, including weak long-term fundamental strength and a low average return on capital employed, which may deter some investors despite the recent uptick in price.