Why is Befound Movement falling/rising?

As of 09-Jul, Befound Movement Limited's stock price is currently at 3.00, reflecting an increase of 0.05 or 1.69%. The stock has shown a positive performance today, outperforming its sector by 1.31% and has been on a consecutive gain for the last two days, accumulating a total return of 3.45% during this period. However, despite this recent uptick, the stock has experienced significant declines over the longer term, with a 1-month return of -21.26% and a year-to-date return of -25.37%. The company has reported positive quarterly results, with the highest PBDIT, PBT, and PAT figures, but it also faces challenges such as a negative book value and weak long-term growth metrics, which contribute to its perception as a risky investment.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has underperformed the Sensex over the past week, which has seen a slight increase of 0.15%. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume indicates falling investor participation, which could signal a lack of confidence among investors. Overall, while the recent gains may suggest a temporary rebound, the underlying fundamentals and long-term performance issues continue to weigh heavily on the stock's outlook.