Why is Gorani Industrie falling/rising?

As of 01-Jul, Gorani Industries Ltd is experiencing a price increase, currently at 72.00, reflecting a rise of 3.9 or 5.73%. Today's performance indicates a trend reversal, as the stock has gained after three consecutive days of decline. It opened with a significant gain of 7.2% and reached an intraday high of Rs 73.55, outperforming its sector by 5.51%. Despite this positive movement, the stock has shown considerable underperformance over the past year, with a return of -33.94%, and has been trading below its moving averages. The company has an attractive valuation with a return on capital employed (ROCE) of 8.4, but its profits have fallen by -36.8%, indicating underlying weaknesses.
In the broader market context, Gorani Industries has struggled compared to the benchmark, with a -2.17% return over the past week while the Sensex has gained 2.00%. Over the last three years, the stock has consistently underperformed against the benchmark, generating -61.08% returns compared to the Sensex's +58.19%. This persistent underperformance, combined with weak long-term fundamentals and a poor EBIT to interest ratio, suggests that while there may be short-term gains, the overall outlook remains challenging for Gorani Industries Ltd.