Why is Ceigall India falling/rising?

As of 15-Jul, Ceigall India Ltd's stock price is currently at Rs 283.65, reflecting an increase of Rs 1.15 or 0.41%. The stock has shown a positive performance in the short term, with a 1-week return of +2.90% and a 1-month return of +13.73%. Today's price summary indicates that the stock reached an intraday high of Rs 289.1, which is a 2.34% increase. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 39.63% compared to the 5-day average. However, the stock has underperformed its sector by 0.51%. Despite a high return on equity (ROE) of 23.89% and an attractive valuation, the company has faced challenges with declining profits and negative results over the last three quarters, which may weigh on investor sentiment.
In the broader market context, Ceigall India Ltd's recent performance contrasts with the benchmark Sensex, which has seen a decline of -1.36% over the past week. While the stock has outperformed the benchmark in the short term, it has a year-to-date return of -16.45%, significantly lagging behind the Sensex's +5.67%. This discrepancy highlights the stock's volatility and the potential concerns regarding its long-term growth prospects, particularly given the negative operating profit growth over the past five years and the recent decline in profits. The combination of short-term gains and long-term challenges creates a complex picture for investors considering the stock's future trajectory.