Why is Goenka Business falling/rising?

As of 30-Sep, Goenka Business & Finance Ltd's stock price is currently at 9.27, reflecting an increase of 0.06 or 0.65%. Despite this slight uptick, the stock has shown a negative performance over the past week, declining by 6.27%, while it has managed to gain 3.00% over the past month. The stock is trading below its moving averages across various time frames, indicating a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 17.29% compared to the 5-day average. While the stock has outperformed its sector today, it faces significant challenges, including a weak long-term fundamental strength characterized by a low return on equity and negative results over the last three quarters.
In the broader market context, the stock's performance contrasts with the benchmark Sensex, which has declined by 2.23% over the past week. Although Goenka Business has generated a return of 10.10% over the past year, this is overshadowed by a significant drop in profits, which have fallen by 114.7%. The company’s weak long-term growth prospects, coupled with its expensive valuation relative to peers, contribute to a cautious outlook. Overall, while there are some positive indicators in terms of short-term trading activity, the underlying fundamentals suggest a challenging environment for the stock.