Why is Dai-ichi Karkari falling/rising?

As of 04-Sep, Dai-ichi Karkaria Ltd is currently priced at 286.65, reflecting a decrease of 3.35, or 1.16%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 2.27%. Despite opening with a gain of 2.4% today and reaching an intraday high of Rs 296.95, the stock's overall performance over the past month shows a significant drop of 16.91%. Additionally, the stock has generated a staggering return of -53.75% over the past year, despite positive financial results in recent quarters, including a 62.82% growth in net sales and a 303.2% increase in profits. However, the long-term growth remains poor, with a low annual growth rate in net sales and operating profit over the last five years, contributing to the stock's negative sentiment.
In the broader market context, Dai-ichi Karkaria's short-term return of +5.39% over the past week significantly outperforms the Sensex, which has only increased by 0.80%. However, the stock's long-term performance is concerning, as it has underperformed the benchmark indices over various periods, including the last three years and one year. The stock's liquidity appears adequate for trading, but a notable decline in investor participation, with delivery volume dropping by 69.12% against the five-day average, suggests waning interest. While the company has a low debt-to-equity ratio and attractive valuation metrics, the overall sentiment remains negative due to its poor long-term growth prospects and recent underperformance relative to the market.