Why is Chemtech Indust. falling/rising?

As of 24-Jun, Chemtech Industrial Valves Ltd is currently priced at 124.50, reflecting an increase of 0.5 (0.4%). The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 0.71%. However, despite this recent uptick, the stock has underperformed significantly in the longer term, with a year-to-date decline of 42.17% and a one-year return of -37.73%. Positive factors include a recent increase in profit after tax and net sales, indicating some operational strength, but the company faces challenges with a weak long-term fundamental strength, evidenced by a low return on equity and a high debt-to-EBITDA ratio.
In the broader market context, while Chemtech Industrial Valves has experienced a short-term gain, it has still underperformed against the benchmark, the Sensex, which has shown a slight increase of 0.58% over the past week. The stock's significant negative returns over the past year contrast sharply with the market's overall positive performance, highlighting a disconnect between the company's operational results and investor sentiment. This underperformance, coupled with high valuation metrics and weak long-term fundamentals, suggests that the stock's recent rise may not be sustainable in the face of broader market trends.