Why is Dai-ichi Karkari falling/rising?

As of 18-Sep, Dai-ichi Karkaria Ltd's stock price is currently at Rs 292.00, reflecting an increase of Rs 6.05 or 2.12%. The stock opened with a gain of 2.1% today and reached an intraday high of Rs 292. Despite this positive movement, the stock has shown a mixed performance over different periods, with a 1-week return of +5.21% but a year-to-date decline of -25.81%. The company has reported positive results for the last three consecutive quarters, with net sales growing by 62.82% and a significant increase in profits, which may have contributed to the recent uptick in stock price. However, the stock's long-term performance remains concerning, as it has generated a return of -51.39% over the past year and has underperformed against its peers.
In the broader market context, Dai-ichi Karkaria's recent short-term performance has outpaced the Sensex, which only increased by 1.80% over the same week. However, the stock's long-term trajectory is troubling, with a significant underperformance compared to the benchmark indices over the past year and three years. The company's low debt-to-equity ratio and attractive valuation metrics, such as a PEG ratio of 0.1, suggest potential for recovery, but the overall poor long-term growth and declining investor participation indicate that caution is warranted.