Why is Coral India Fin. falling/rising?

As of 11-Jul, Coral India Finance & Housing Ltd's stock price is currently at 46.83, reflecting an increase of 0.39 or 0.84%. The stock has shown a positive performance today, outperforming its sector by 1.76%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, despite a 3.08% increase over the past week, the stock has experienced a decline of 18.00% year-to-date and 19.62% over the past year, highlighting significant long-term challenges. The company has a weak long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 10.91%, and negative financial results, including a 57.70% drop in profit before tax and a 29.78% decrease in net sales over the last nine months.
In the broader market context, the Sensex has shown a decline of 1.12% over the past week, while Coral India has outperformed this benchmark. However, the stock has underperformed significantly over the past year compared to the broader market, which has generated a return of 3.26%. This underperformance, coupled with the company's negative financial indicators and high valuation relative to its peers, suggests that while there may be short-term gains, the long-term outlook remains concerning. The majority ownership by promoters may provide some stability, but the overall weak fundamentals and declining profits are likely to weigh on investor sentiment moving forward.