Why is Garnet Intl. falling/rising?

As of 18-Jul, Garnet International Ltd is currently priced at 124.95, reflecting a slight increase of 0.3, or 0.24%. The stock has shown a positive trend recently, having gained 0.56% over the last two days and outperforming its sector by 0.53% today. However, despite a 3.87% increase over the past month, the stock has a year-to-date decline of 26.07%. The company has consistently generated returns over the last three years, with a notable 20.26% return in the past year, although it faces challenges such as weak long-term fundamental strength indicated by a low return on equity of 2.67% and declining net sales. The recent drop in delivery volume by 28.88% against the five-day average suggests a decrease in investor participation, which may impact future price movements.
In the broader market context, Garnet International Ltd's short-term performance has outpaced the benchmark Sensex, which has seen a decline of 0.90% over the past week. While the stock has shown resilience in the short term, its long-term outlook remains concerning due to poor growth metrics, including a significant drop in net sales and a high price-to-book value ratio compared to peers. This combination of factors may lead to cautious sentiment among investors, despite the recent uptick in stock price.