Why is IST falling/rising?

As of 05-Sep, IST Ltd's stock price is rising, currently at Rs 896.00, reflecting an increase of Rs 5.9 or 0.66%. The stock has shown a strong performance today, outperforming its sector by 0.27%, and reached an intraday high of Rs 915, which is a 2.8% increase. Over the past week, the stock has gained 2.14%, while it has struggled over the longer term, with a year-to-date decline of 5.39% and a one-year drop of 10.40%. Positive factors contributing to the recent price movement include the company's low debt-to-equity ratio and a significant turnaround in financial performance, with a 106.8% growth in profit after tax for the latest quarter. However, concerns regarding poor management efficiency and low long-term growth persist, as indicated by a low return on equity and declining sales over the past five years.
In the broader market context, IST Ltd's recent short-term return of 2.14% over the past week outpaces the Sensex's gain of 1.13% during the same period, suggesting that the stock is gaining traction relative to the market. Despite this positive short-term performance, the stock's year-to-date performance remains underwhelming compared to the benchmark, which has risen by 3.29%. The lack of domestic mutual fund investment in the company may indicate a lack of confidence among institutional investors, which could weigh on the stock's long-term prospects despite its recent gains.