Why is Gemstone Invest. falling/rising?

As of 11-Aug, Gemstone Investments Ltd is experiencing a price increase, currently at 2.08, which reflects a change of 0.04 or 1.96% upward. The stock has outperformed its sector today by 1.27% and has shown a consecutive gain over the last two days, with a total return of 7.22% during this period. Despite this short-term positive movement, the stock has a weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 1.26% and declining net sales and operating profit. Additionally, the majority shareholders are non-institutional, which may influence the stock's volatility and investor sentiment.
In the broader market context, Gemstone Investments Ltd has outperformed the Sensex over the past week, gaining 2.97% compared to the benchmark's decline of 0.51%. However, the stock's year-to-date performance is significantly negative at -37.16%, contrasting with the Sensex's positive return of 3.15%. This disparity highlights the stock's struggles in the long term, despite recent gains, as it continues to trade at a premium relative to its peers, which may deter long-term investors.