Why is Global Surfaces falling/rising?

As of 04-Aug, Global Surfaces Ltd is currently priced at 115.00, reflecting an increase of 4.69 (4.25%). Today's price summary indicates that the stock has outperformed its sector by 3.34% and has experienced a trend reversal, gaining after three consecutive days of decline. However, it opened with a loss of -2.05% and touched an intraday high of Rs 115.9, while the day’s low was Rs 108.05. The stock's performance over the past week shows a decline of -0.86%, and it has underperformed significantly over the past year with a return of -43.77%. The company has faced negative operating results for the last four quarters, with a return on equity of only 4.98% and a substantial drop in net sales, indicating weak long-term fundamental strength. Additionally, there has been a decrease in institutional investor participation, which may contribute to the stock's volatility.
Broader market context shows that while the Sensex has gained 0.16% over the past week, Global Surfaces Ltd has declined by -0.86%, indicating a weaker performance relative to the benchmark. The stock's year-to-date performance is also concerning, with a decline of -32.01% compared to the Sensex's gain of 3.69%. This stark contrast highlights the stock's struggles in the market, particularly in light of its negative operating profits and the significant drop in profitability over the past year. Overall, the combination of poor financial results, reduced institutional interest, and underperformance against the benchmark suggests that the stock's recent rise may be a temporary rebound rather than a sign of sustained recovery.