Why is Ceigall India falling/rising?

As of 04-Jul, Ceigall India Ltd's stock price is currently at 269.10, reflecting an increase of 2.25, or 0.84%. The stock has shown a strong performance over the past week, with a return of +7.62%, while the benchmark Sensex has decreased by -0.74%. However, the stock's year-to-date performance remains concerning, with a decline of -20.74% compared to the Sensex's gain of +6.77%. Today's price summary indicates that the stock is performing in line with its sector, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below the 200-day moving average. Notably, there has been a significant drop in investor participation, with delivery volume falling by -63.88% against the 5-day average, which may indicate waning interest among investors.
In terms of company-specific factors, Ceigall India Ltd has demonstrated high management efficiency with a return on equity (ROE) of 23.89% and a low debt-to-equity ratio, which suggests a stable financial position. However, the company has faced challenges, including negative results for the last three consecutive quarters and a decline in operating profit growth over the past five years. While the stock has an attractive valuation with a price-to-book value of 2.8, the overall negative trends in profitability, including a -21.70% decrease in profit after tax over the latest six months, contribute to a cautious outlook. In the broader market context, the stock's recent rise contrasts sharply with its long-term struggles, as evidenced by its poor year-to-date performance compared to the Sensex, which may lead investors to question the sustainability of this upward movement.