Why is Dhruv Consultanc falling/rising?

As of 03-Sep, Dhruv Consultancy Services Ltd is experiencing a price increase, currently at Rs 60.90, reflecting a rise of 1.33 (2.23%). The stock has shown a trend reversal after four consecutive days of decline, outperforming its sector by 1.86%. However, it remains close to its 52-week low, just 3.28% away from Rs 58.90. Despite this short-term gain, the stock has underperformed significantly over the past week and month, with declines of 9.38% and 11.31%, respectively. Positive factors contributing to the recent movement include a substantial growth in profit after tax (PAT) of 174.05% over the last six months and increased participation from institutional investors, who have raised their stake by 1.88%. However, the stock's long-term fundamentals are weak, with a low return on equity (ROE) of 6.43% and a high price-to-earnings growth (PEG) ratio of 4, indicating expensive valuation relative to its earnings growth.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark Sensex, which has only declined by 0.27% over the past week. While Dhruv Consultancy's recent price increase may suggest a temporary recovery, its long-term performance remains concerning, with a staggering 55.71% drop over the past year compared to the Sensex's modest decline of 2.41%. This underperformance in both the short and long term highlights the challenges the company faces, despite some positive developments in recent months.