Why is Dhruv Consultanc falling/rising?

As of 22-Sep, Dhruv Consultancy Services Ltd's stock price is currently at Rs 57.62, reflecting an increase of 1.26 or 2.24%. The stock has been gaining for the last two days, with a total return of 4.29% during this period. Despite this recent uptick, the stock has shown a significant decline over the longer term, with a year-to-date drop of 53.15% and a one-year return of -57.14%. Positive factors contributing to the recent price 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 remain weak, with an average return on equity (ROE) of only 6.43% and poor growth in net sales and operating profit over the past five years.
In the broader market context, the stock has underperformed compared to the Sensex, which has gained 0.46% over the past week while Dhruv Consultancy's stock has decreased by 2.26%. This trend of underperformance continues over longer periods, with the stock lagging behind the benchmark indices in both three-year and one-year returns. Despite the recent positive price movement, the overall weak long-term fundamentals and significant declines in the stock's value suggest that investor sentiment remains cautious, particularly in light of the stock's expensive valuation relative to its peers and the high PEG ratio of 3.8.