Why is Goodyear India falling/rising?

As of 14-Jul, Goodyear India Ltd's stock price is currently at 1,036.40, reflecting an increase of 10.05 (0.98%). The stock has shown a positive performance today, outperforming its sector by 0.65% and has been on a consecutive gain for the last two days, rising a total of 3.95% during this period. Additionally, the stock has touched an intraday high of Rs 1057, indicating strong trading momentum. Over the past week, Goodyear India has returned +5.66%, while its performance over the last month stands at +9.99%. However, it is important to note that the company has faced challenges, including a decline in operating profit over the last five years and negative results for the last six consecutive quarters, which may weigh on investor sentiment despite the recent price increase.
In the broader market context, Goodyear India's recent short-term performance has significantly outpaced the benchmark Sensex, which has declined by 1.42% over the past week. While the stock has shown some positive movement, it has consistently underperformed against the benchmark over the last three years, with a one-year return of -12.96%. The company's high management efficiency, indicated by a ROE of 15.27%, and a low debt-to-equity ratio are positive factors, but the overall poor long-term growth and declining profits raise concerns. The stock is trading at a premium compared to its peers, which could deter some investors despite the recent gains.