Why is Ceigall India falling/rising?

As of 08-Jul, Ceigall India Ltd's stock price is currently at 275.65, reflecting an increase of 3.1, or 1.14%. The stock has been gaining momentum, having risen 3.3% over the last three days, and it touched an intraday high of Rs 280.75. Despite this positive movement, the stock has shown a year-to-date decline of 18.81%. The company has a high return on equity (ROE) of 23.89% and a low debt-to-equity ratio, which are positive indicators. However, it has faced challenges with negative results over the last three consecutive quarters, and its operating profit has decreased at an annual rate of -2.92% over the past five years, contributing to a mixed outlook for investors.
In the broader market context, Ceigall India's short-term performance of +1.55% over the past week significantly outpaces the Sensex, which has only increased by 0.02% during the same period. The stock's recent gains are in line with sector performance, yet the overall year-to-date decline indicates underlying issues that may affect investor sentiment. The falling investor participation, with a delivery volume drop of 51.42% against the five-day average, suggests a cautious approach among traders, which could impact future price movements.