Why is Ceigall India falling/rising?

As of 11-Jul, Ceigall India Ltd's stock price is currently at Rs 286.30, reflecting an increase of Rs 14.95 or 5.51%. The stock has shown a positive trend today, outperforming its sector by 6.72% and reversing a two-day decline. It reached an intraday high of Rs 291, indicating strong intraday performance. Over the past week, the stock has gained 6.39%, while its one-month return stands at 9.97%. However, despite these short-term gains, the stock has experienced a year-to-date decline of 15.67%. The company boasts high management efficiency with a return on equity (ROE) of 23.89% and a low debt-to-equity ratio, contributing to its attractive valuation. Nevertheless, it has faced challenges, including negative results for the last three consecutive quarters and a decline in operating profit over the past five years.
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 1.12% over the past week and is nearly flat over the past month. This suggests that the stock's recent rise is not entirely reflective of broader market trends, as it has managed to gain traction despite a generally unfavorable environment. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume indicates falling investor participation, which could pose risks to sustained upward momentum. Overall, while the stock is currently rising, its long-term growth prospects remain uncertain due to recent negative financial results.