Why is Bharat Road falling/rising?

As of 12-Sep, Bharat Road Network Ltd's stock price is currently at 20.74, reflecting an increase of 0.21 or 1.02%. The stock has shown positive momentum, gaining for the last three consecutive days with a total return of 2.67% during this period. It has outperformed its sector by 0.38% today, and the delivery volume has increased by 22.51% compared to the five-day average, indicating rising investor participation. Despite a significant decline of 57.46% over the past year, the company has reported positive results for the last three quarters, with substantial growth in profit before tax and profit after tax, alongside a high return on capital employed, which suggests an attractive valuation relative to its peers.
In the broader market context, the stock's short-term performance of 0.68% over the past week is notably lower than the Sensex's gain of 1.48% during the same period. While the stock has shown some positive signs recently, it continues to face challenges due to its high debt levels and weak long-term growth fundamentals, as indicated by its low return on equity and below-par performance over the last three years. This combination of factors contributes to a cautious outlook despite recent gains, as the stock has underperformed the broader market significantly over longer time frames.