Why is Colinz Labs falling/rising?

As of 14-Jul, Colinz Laboratories Ltd is experiencing a price increase, currently at Rs 42.19, reflecting a rise of 2.0 (4.98%). The stock has shown a positive trend recently, gaining for three consecutive days with a total return of 9.19% during this period. It opened today with a gain of 4.98% and reached an intraday high of Rs 42.19. However, despite this short-term performance, the stock has underperformed over the longer term, with a significant decline of 44.12% over the past year. The company has a return on equity of 5.3 and is trading at a discount compared to its peers, but it also faces challenges such as weak long-term fundamental strength and a negative compound annual growth rate in net sales over the last five years.
In the broader market context, the stock has outperformed the Sensex by 4.08% today, contrasting with its longer-term performance where it has lagged behind the benchmark, showing a decline of 39.52% year-to-date compared to the Sensex's gain of 5.27%. The stock's recent gains may be attributed to its current valuation and short-term trading dynamics, but the overall weak fundamentals and declining investor participation suggest caution. The company's ability to service its debt is also a concern, which may impact investor sentiment moving forward.