Why is Comfort Comtrade falling/rising?

As of 09-Jul, Comfort Commotrade Ltd's stock price is currently at 25.05, reflecting an increase of 0.19 or 0.76%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and has outperformed its sector by 0.38% today. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.76%, and year-to-date, it has fallen significantly by 45.47%. Despite a positive return of 5.47% over the past year, the company has faced substantial profit declines of 74.3%, indicating underlying financial struggles. The stock's attractive valuation, with a price-to-book value of 0.5 and a return on equity of 8.5, contrasts with its weak long-term fundamental strength due to operating losses.
In the broader market context, the Sensex has shown a slight increase of 0.15% over the past week, while Comfort Commotrade's performance has lagged behind with a decline of 1.76%. The stock's liquidity appears adequate, with a significant rise in delivery volume, suggesting increased investor participation. However, the company's recent negative financial results, including a drastic fall in profit after tax and the lowest recorded earnings before interest and taxes, contribute to a bearish outlook. Overall, while there are some positive indicators, the combination of poor financial performance and underwhelming returns compared to the benchmark suggests that the stock's recent rise may not be sustainable without significant improvements in its fundamentals.