Why is Bengal & Assam falling/rising?

As of 26-Jun, Bengal & Assam Company Ltd is experiencing a slight increase in its stock price, currently at 8,051.00, reflecting a change of 10.0 (0.12%) upwards. The stock has shown a positive trend over the last three days, gaining 5.26% during this period, and opened with a gain of 5.01% today, reaching an intraday high of Rs 8,444. However, it has underperformed its sector by 1.21%. Despite this recent uptick, the company faces significant challenges, including a poor long-term growth trajectory with net sales declining at an annual rate of -28.14% and operating profit down by -13.29%. The company has reported negative results for the last five consecutive quarters, which has contributed to a negative sentiment among investors.
In the broader market context, Bengal & Assam's short-term performance of +9.52% over the past week significantly outpaces the Sensex's return of +2.94%. However, the stock has underperformed the market over the past year, generating a return of -6.98% compared to the Sensex's +6.46%. This disparity indicates that while the stock may be experiencing a temporary rise, its long-term fundamentals remain weak, as evidenced by a declining return on equity and minimal interest from domestic mutual funds, suggesting a lack of confidence in the company's future performance.