Why is Dam Capital Advi falling/rising?

As of 29-Jul, Dam Capital Advisors Ltd is experiencing a price increase, currently at Rs 227.30, reflecting a rise of 8.6 points or 3.93%. Today's price summary indicates that the stock has outperformed its sector by 3.47% and has shown a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 228.6, although it is still trading below its moving averages across various time frames. Despite a significant drop in net sales and negative results in the last two quarters, the company maintains strong long-term fundamentals, with a high return on equity of 39.70% and impressive growth in net sales and operating profit over the years. However, the recent decline in institutional investor participation and the company's expensive valuation may weigh on investor sentiment.
In the broader market context, the stock has underperformed the benchmark Sensex over the past week and month, with returns of -5.29% and -11.52%, respectively, compared to the Sensex's declines of -1.03% and -3.24%. This suggests that while the stock is currently rising, it has faced significant challenges in the longer term, particularly in comparison to the overall market performance. The recent uptick in price may be a reaction to the stock's strong fundamentals and increased investor participation, but the overall trend remains concerning given the substantial year-to-date decline of 40.42% against the Sensex's positive return of 4.09%.