Why is Crest Ventures falling/rising?

As of 18-Sep, Crest Ventures Ltd is currently priced at 389.30, reflecting an increase of 2.25 (0.58%). The stock has shown a positive trend recently, gaining for three consecutive days and achieving a total return of 4.86% during this period. It has outperformed its sector by 0.52% today. However, despite these short-term gains, the stock has underperformed over the longer term, with a year-to-date return of -8.51% and a significant decline of -28.37% over the past year. The company's operating profit has grown at a healthy annual rate of 34.54%, but negative results from June, including a -39.08% drop in profit before tax and a -48.4% decline in profit after tax, have raised concerns about its financial health. Additionally, the low inventory turnover ratio and the absence of domestic mutual fund investment suggest a lack of confidence in the stock's valuation.
Broader market context indicates that while Crest Ventures has outperformed the Sensex in the past week with a return of +3.54% compared to the benchmark's +1.80%, it has still lagged behind in the longer term, with a one-year return of -28.37% against the Sensex's slight gain of +0.08%. This underperformance highlights the challenges the company faces despite recent positive price movements. The stock's valuation appears expensive with a low return on equity of 7.5 and a price-to-book value of 0.9, which may deter potential investors. Overall, while there are signs of short-term recovery, the broader context of declining profits and lack of institutional support continues to weigh heavily on Crest Ventures' stock performance.