Why is Bloom Industries falling/rising?

As of 22-Sep, Bloom Industries Ltd is currently priced at 41.22, reflecting an increase of 0.36 or 0.88%. The stock has been gaining over the last two days, with a total return of 1.05% during this period. It has outperformed its sector by 0.43%. Despite a year-to-date return of 3.46%, the stock has experienced a decline of 6.32% over the past month. While it is trading at a discount compared to its peers' average historical valuations, the company's profits have fallen by 23%, which raises concerns about its long-term fundamental strength. The stock's return on capital employed (ROCE) is 7.3, indicating fair valuation, but the average ROCE of 4.13 suggests weak long-term fundamentals.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has gained 0.46% over the past week, while Bloom Industries has declined by 1.86%. Although the stock has outperformed the broader market over the past year with a return of 31.02% compared to the BSE500's negative return of 3.80%, the recent short-term underperformance relative to the benchmark indicates potential investor caution. The rising investor participation, evidenced by a significant increase in delivery volume, suggests some positive sentiment, but the overall weak financial indicators may be contributing to a cautious outlook among investors.