Why is Globalspace Tech falling/rising?

As of 04-Jul, Globalspace Technologies Ltd is experiencing a price increase, currently at 16.07, with a change of 0.92, representing a rise of 6.07%. The stock has shown strong performance today, outperforming its sector by 5.36% and has been on a consecutive gain for the last three days, accumulating a total return of 6.64% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a -9.05% return over the past year and a significant -54.92% decline over the last three years. The company has a very attractive valuation with a return on capital employed (ROCE) of 2.2 and a PEG ratio of 0.4, indicating potential for growth despite its recent struggles. Nonetheless, the stock's long-term fundamentals are weak, evidenced by a -17.86% compound annual growth rate (CAGR) in operating profits over the last five years and a high debt to EBITDA ratio of 2.65 times.
In the broader market context, the stock's short-term return of +3.68% over the past week contrasts sharply with the Sensex, which has declined by -0.74% during the same period. While the stock's recent gains are notable, its longer-term performance remains concerning, particularly when compared to the benchmark, which has shown a +6.77% return year-to-date. This consistent underperformance against the benchmark, coupled with a decline in investor participation and liquidity issues, suggests that while there may be short-term optimism, the overall outlook for Globalspace Technologies Ltd remains cautious.