Why is Ceigall India falling/rising?

As of 07-Jul, Ceigall India Ltd's stock price is currently at 272.55, reflecting an increase of 3.45, or 1.28%. The stock has shown a positive performance today, outperforming its sector by 1.34% and has been on a consecutive gain for the last two days, rising 2.1% during this period. Over the past week, the stock has gained 7.30%, while it has increased by 11.24% over the last month. However, despite these short-term gains, the stock has a year-to-date decline of 19.72%. Positive factors contributing to the recent rise include high management efficiency with a return on equity (ROE) of 23.89% and an attractive valuation with a price-to-book value of 2.9. Conversely, the company has faced challenges with negative results over the last three consecutive quarters and a decline in operating profit growth, which may temper investor enthusiasm.
Broader market context indicates that while Ceigall India Ltd has performed well in the short term, the benchmark Sensex has seen a slight decline of 0.20% over the past week and a modest increase of 1.53% over the past month. This suggests that the stock's recent rise is not entirely reflective of broader market trends, as it has significantly outperformed the benchmark in the short term. However, the year-to-date performance shows a stark contrast, with the stock lagging behind the Sensex, which has gained 6.79% during the same period. The falling investor participation, indicated by a 36.25% decrease in delivery volume, may also raise concerns about the sustainability of the stock's upward movement.