Why is Clean Science falling/rising?

As of 23-Jul, Clean Science & Technology Ltd is currently priced at 1,304.60, reflecting a slight increase of 5.1 (0.39%). The stock has shown a positive trend recently, gaining 2.15% over the last two days, and has outperformed its sector by 0.7%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum. Despite the recent uptick, the stock has underperformed significantly over longer periods, with a 10.71% decline over the past week and an 8.71% decline over the past month. Factors contributing to this situation include a high management efficiency with a return on equity (ROE) of 24.48%, but the company also faces challenges such as poor long-term growth, a high price-to-book value compared to peers, and consistent underperformance against benchmarks.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has seen a slight increase of 0.11% over the past week. The Clean Science stock's significant declines over the past year and three years, where it has generated returns of -10.29% and -24.83% respectively, highlight its struggle to keep pace with the market. This underperformance, coupled with a decrease in investor participation and liquidity concerns, suggests that while there may be short-term gains, the long-term outlook remains challenging compared to the broader market trends.