Why is Bharat Parenter. falling/rising?

As of 14-Aug, Bharat Parenterals Ltd's stock price is currently at Rs 1,421.00, reflecting an increase of Rs 7.0 or 0.5%. Today, the stock opened with a gain of 2.48% and reached an intraday high of Rs 1,449. Despite this positive movement, the stock has underperformed over the past week and month, with returns of -0.98% and -5.19%, respectively. The company recently reported positive results after five consecutive negative quarters, showing a significant growth in profit after tax and a strong operating profit to interest ratio. However, the long-term outlook remains weak due to a drastic decline in operating profits over the past five years and low profitability as indicated by the return on equity. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 93.39% against the five-day average.
In the broader market context, while the stock has outperformed its sector today, it has significantly lagged behind the benchmark index, Sensex, over the past year, with a return of -19.72% compared to the Sensex's +1.89%. This underperformance suggests that investor sentiment remains cautious, particularly as domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation or business prospects. Overall, while there are short-term gains, the long-term fundamentals and market perception present challenges for Bharat Parenterals Ltd.