Why is Everest Inds. falling/rising?

As of 25-Aug, Everest Industries Ltd is currently priced at 624.95, reflecting an increase of 7.95 or 1.29%. The stock has shown a positive trend today, outperforming its sector by 2.06% and reversing a two-day decline. It reached an intraday high of Rs 631.8, indicating a strong performance relative to its recent history. Over the past week, the stock has gained 13.10%, and over the past month, it has increased by 13.83%. However, despite these short-term gains, the company has faced significant challenges, including a negative operating profit growth rate of -204.54% over the last five years and a substantial decline in profits of -288.8% over the past year. Additionally, the stock has underperformed the market with a one-year return of -44.40%, while the broader market has only seen a decline of -2.11%.
In the broader market context, Everest Industries Ltd's recent performance stands in stark contrast to the benchmark, as it has significantly outperformed the Sensex in the short term but continues to struggle with long-term growth prospects. The stock's liquidity appears adequate for trading, but the falling investor participation, with a 75.27% drop in delivery volume, raises concerns about sustained interest. The low stake held by domestic mutual funds, at only 0.05%, suggests a lack of confidence in the company's future performance, further complicating its market position. Overall, while the stock has shown some positive movement recently, its long-term outlook remains precarious due to ongoing financial difficulties and poor growth metrics.