Why is B.L.Kashyap falling/rising?

As of 15-Jul, B.L.Kashyap & Sons Ltd is currently priced at 68.92, reflecting an increase of 0.62 or 0.91%. The stock has been gaining for the last two days, with a total return of 1.9% during this period. However, despite this recent uptick, the stock has underperformed significantly over the past year, with a decline of 33.46%. The company has a low Return on Capital Employed (ROCE) of 6.6, and its profits have fallen by 80% over the past year, contributing to a weak long-term fundamental outlook. Additionally, 99.43% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, as it has gained 1.9% over the last two days while the Sensex has declined by 1.36% over the past week. However, the stock's year-to-date performance shows a decline of 10.99%, contrasting with the Sensex's gain of 5.67%. This underperformance highlights the challenges faced by B.L.Kashyap, particularly in light of its weak sales and operating profit metrics, which have further eroded investor confidence.