Why is Digidrive Dist. falling/rising?

As of 01-Jul, Digidrive Distributors Ltd is experiencing a price increase, currently at 31.44, with a change of 0.48, representing a rise of 1.55%. The stock has shown a trend reversal, gaining after five consecutive days of decline. Despite this uptick, the stock has underperformed in the longer term, with a year-to-date decline of 30.98% and a one-year return of -15.82%. The company has a low Debt to Equity ratio, indicating manageable debt levels, and has reported healthy long-term growth with an operating profit increase of 86.57%. However, it also suffers from poor management efficiency, as evidenced by a low return on equity of 2.34%, and a decrease in institutional investor participation, which fell by 0.72% in the previous quarter.
In the broader market context, the stock's short-term performance of +1.42% over the past week is below the benchmark Sensex, which has increased by 2.00% during the same period. This underperformance is consistent with the stock's trend over the last three years, where it has consistently lagged behind the benchmark. The falling participation from institutional investors, who typically have more resources to analyze company fundamentals, may further contribute to the stock's challenges in gaining traction in the market. Overall, while there is a slight positive movement in the stock price today, the long-term outlook remains concerning due to its historical underperformance and management inefficiencies.