Why is Indo Count Inds. falling/rising?

As of 13-Aug, Indo Count Industries Ltd is experiencing a price increase, currently at Rs 245.65, which reflects a rise of Rs 4.65 or 1.93%. The stock has shown positive momentum, gaining for the last two days with a total return of 5.43% during this period. It outperformed its sector by 1.59% today and reached an intraday high of Rs 251.65. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 24.67% and a one-year return of -32.93%. The company has a high return on capital employed (ROCE) of 18.12% and a low debt to EBITDA ratio of 1.45, indicating strong management efficiency and debt servicing capability. Nevertheless, it has faced challenges with negative results over the last four quarters and a significant drop in profits, which may weigh on investor sentiment.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.01% over the past week. While Indo Count Industries Ltd has gained in the short term, its longer-term performance has been significantly poorer than the market, with a one-year decline that is much steeper than the broader market's negative return of -0.64%. This disparity highlights the stock's struggles despite recent gains, as it continues to grapple with poor long-term growth and declining profits, which may affect investor confidence moving forward.