Why is HOV Services falling/rising?

As of 04-Aug, HOV Services Ltd is experiencing a price increase, currently at Rs 55.90, reflecting a rise of 1.54 (2.83%). The stock has shown a trend reversal, gaining after two consecutive days of decline and opening with a gain of 2.83% today. It has outperformed its sector by 1.21% and has seen a significant increase in delivery volume, which rose by 270.07% compared to the 5-day average. Despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 30.82% and a one-year return of -18.38%. However, the company has reported positive results over the last five quarters, with net sales growing by 30% and a strong operating profit margin, which may be contributing to the recent uptick in stock price.
In the broader market context, HOV Services has underperformed relative to the benchmark, with a one-year return of -18.38% compared to the Sensex's slight gain of 0.05%. While the stock has shown some positive momentum today, its long-term fundamentals are weak, evidenced by a 18.64% CAGR growth in operating profits over the last five years, which is lower than expected. The stock's valuation appears attractive with a low price-to-book ratio and rising profits, but the overall negative performance in the past year suggests that investors remain cautious.