Why is Focus Lighting falling/rising?

As of 16-Sep, Focus Lighting & Fixtures Ltd is currently priced at 96.45, reflecting an increase of 1.15 or 1.21%. The stock has outperformed its sector today by 0.65%, and its performance over the past week shows a gain of 2.99%. However, despite this short-term uptick, the stock has underperformed over the longer term, with a year-to-date decline of 23.53% and a one-year drop of 25.11%. The company has reported negative results for the last four consecutive quarters, with a significant fall in net sales of 24.57% and a decline in profit after tax by 83.13%. The low debt-to-equity ratio of 0.05 times indicates some financial stability, but the overall poor long-term growth, as evidenced by an operating profit growth rate of only 3.85% over the last five years, raises concerns about the stock's future performance.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has gained 1.49% over the past week. While Focus Lighting has shown a positive movement in the short term, its long-term performance remains concerning, especially given the significant drop in profits and sales. Additionally, the lack of investment from domestic mutual funds suggests a lack of confidence in the company's prospects, further compounding the stock's challenges. The stock's valuation appears expensive relative to its return on equity of 10.8 and a price-to-book value of 4.6, indicating that despite a recent rise, the underlying fundamentals may not support sustained growth.