Why is Bengal & Assam falling/rising?

As of 20-Jun, Bengal & Assam Company Ltd's stock price is rising, currently at 7,900.00, reflecting an increase of 549.0 or 7.47%. Today's price summary indicates that the stock has outperformed its sector by 5.9% and has experienced a trend reversal, gaining after two consecutive days of decline. The stock opened with a gain of 3.12% and reached an intraday high of Rs 7,900. Additionally, the stock has shown strong performance over the past week and month, with returns of +3.93% and +6.47%, respectively. However, the company faces significant challenges, including a long-term decline in net sales and operating profit, which have fallen at annual rates of -28.14% and -13.29%. The company has reported negative results for the last five consecutive quarters, contributing to a negative sentiment despite its strong long-term fundamental strength indicated by an average Return on Equity (ROE) of 15.18%.
In the broader market context, Bengal & Assam's short-term performance has outpaced the benchmark Sensex, which has returned +1.59% over the past week and +1.50% over the past month. This suggests that while the stock is currently experiencing a positive movement, it is still under pressure from its long-term performance, which has seen a decline of -15.05% year-to-date compared to the Sensex's gain of +5.46%. The stock's relatively low domestic mutual fund ownership may indicate a lack of confidence among institutional investors, further complicating its recovery prospects despite recent gains.