Why is Everest Inds. falling/rising?

As of 15-Jul, Everest Industries Ltd's stock price is currently at 565.05, reflecting an increase of 11.05 or 1.99%. The stock has shown positive momentum recently, gaining 2.77% over the last two days and outperforming its sector by 1.73%. In the short term, the stock has returned 1.81% over the past week, while it has also seen a 2.82% increase over the last month. However, the company faces significant challenges, including a poor long-term growth outlook with an annual operating profit decline of -186.65% over the past five years and negative results for the last three consecutive quarters. These factors contribute to a risky investment profile, as the stock has generated a staggering -53.52% return over the past year, indicating a substantial underperformance compared to the broader market.
In the broader market context, while Everest Industries Ltd has shown some short-term gains, the benchmark Sensex has experienced a decline of -1.36% over the past week, suggesting that the stock's recent rise is somewhat isolated. Despite this, the stock has underperformed significantly over the longer term, with a year-to-date decline of -27.25% compared to the Sensex's positive return of 5.67%. The low participation from domestic mutual funds, holding only 0.05% of the company, further underscores the cautious sentiment surrounding the stock, indicating that institutional investors may not be confident in its current valuation or business prospects.