Why is Deep Diamond falling/rising?

As of 12-Aug, Deep Diamond India Ltd's stock price is currently at 4.16, reflecting an increase of 0.03 or 0.73%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Over the past week, the stock has underperformed with a return of -2.35%, and it has significantly lagged behind the benchmark, the Sensex, with a year-to-date return of -37.72% compared to the Sensex's gain of 2.68%. The company has also faced challenges, including a weak long-term fundamental strength with a -3.68% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -0.16, which suggests difficulties in servicing its debt. Broader market context shows that while Deep Diamond's stock has recently outperformed its sector by 0.25%, it has consistently underperformed against the benchmark over the last three years, generating negative returns in each of the last three annual periods. The stock's valuation appears expensive with a Price to Book Value of 0.6, despite trading at a discount compared to its peers. Additionally, while the stock has seen a rise in delivery volume, indicating increased investor participation, its overall performance remains concerning with a return on equity of only 3.94%, reflecting low profitability per unit of shareholders' funds. This combination of factors contributes to the stock's volatility and challenges in maintaining a stable upward trajectory.