Why is Dai-ichi Karkari falling/rising?

As of 12-Sep, Dai-ichi Karkaria Ltd's stock price is currently at Rs 282.00, reflecting an increase of Rs 4.45 or 1.6%. The stock has been gaining for the last two days, with a total return of 2.3% during this period. However, it has underperformed in the longer term, with a year-to-date decline of 28.35% and a staggering 53.77% drop over the past year. Despite these long-term challenges, the company has reported positive results in the last three consecutive quarters, with net sales growing by 62.82% and a significant increase in profits, which may contribute to the recent uptick in stock price. The company also has a low debt-to-equity ratio and is trading at a discount compared to its peers, which could attract some investor interest.
In the broader market context, the stock's short-term performance has been relatively better than its long-term trends, but it still lags behind the benchmark Sensex, which has gained 1.48% over the past week. The stock's performance today has outpaced its sector by 0.72%, but the overall liquidity appears to be declining, with a significant drop in delivery volume. Additionally, the stock's moving averages indicate that while it is performing better than the 5-day moving average, it remains below the longer-term averages, suggesting ongoing challenges in regaining investor confidence.