Why is Delphi World falling/rising?

As of 01-Jul, Delphi World Money Ltd is experiencing a price increase, currently at 163.30, reflecting a rise of 2.2 or 1.37%. The stock has shown strong performance recently, gaining 8.69% over the last three days and outperforming its sector by 1.51%. In the past week, it has surged by 12.74%, while over the past month, it has increased by 27.58%. Despite these short-term gains, the stock has a negative year-to-date return of -23.69% and has underperformed significantly over the long term, with a 1-year return of -25.74%. The stock is trading at a discount compared to its peers, with a Price to Book Value of 0.8, and has a relatively attractive valuation with a Return on Equity (ROE) of 6. However, it has faced challenges, including a decline in profits of -11.9% over the past year and weak long-term growth indicators.
In the broader market context, the Sensex has increased by 2.00% over the past week and 2.76% over the past month, indicating that while Delphi World is outperforming the benchmark in the short term, it has consistently underperformed against it over the last three years. The stock's liquidity is adequate, with a delivery volume increase of 117.02% against the 5-day average, suggesting rising investor participation. However, the company faces long-term fundamental weaknesses, including a significant decline in net sales and operating profit, which may hinder its recovery despite recent short-term gains.