Why is Deep Polymers falling/rising?

As of 25-Jun, Deep Polymers Ltd's stock price is currently at 60.15, reflecting an increase of 3.65, or 6.46%. The stock has shown a strong performance today, outperforming its sector by 5.07% and achieving consecutive gains over the last two days, with a total return of 11.47% during this period. The stock reached an intraday high of Rs 66.69, marking an 18.04% increase. Despite this positive movement, the stock has a mixed performance history, with a year-to-date decline of 12.28% and a one-year drop of 26.26%. Factors contributing to the recent rise include a low debt-to-equity ratio of 0.45, healthy long-term growth in net sales and operating profit, and an attractive valuation compared to peers. However, the company has faced challenges such as poor management efficiency, negative profit growth, and consistent underperformance against benchmarks over the past three years.
In the broader market context, Deep Polymers has outperformed the Sensex in the short term, with a one-week return of 14.57% compared to the Sensex's 1.61%. This indicates that while the stock is experiencing a positive short-term trend, it has struggled significantly over longer periods, particularly with a three-year return of -69.04% versus the Sensex's 56.95%. The recent volatility in the stock price, coupled with falling investor participation and a significant drop in delivery volume, suggests that while there is some optimism reflected in the current price movement, underlying issues may continue to affect investor confidence in the long term.