Why is Kalyan Capitals falling/rising?

As of 23-Jul, Kalyan Capitals Ltd is currently priced at 9.70, reflecting an increase of 0.31 or 3.3%. Today's price movement indicates a trend reversal as the stock has gained after five consecutive days of decline. Despite this uptick, the stock has underperformed the benchmark, with a one-week return of -2.71% compared to the Sensex's slight gain of +0.11%. The stock's performance over the past year shows a significant decline of -40.09%, and while it has a very attractive valuation with a return on capital employed (ROCE) of 15.4, the company's profits have fallen by -59%. Additionally, the stock is trading at a discount compared to its peers, but it faces challenges such as high debt and weak long-term fundamental strength, which may hinder its recovery.
In the broader market context, Kalyan Capitals' recent performance contrasts with the benchmark's positive trajectory, as evidenced by the Sensex's +1.01% return over the past month. The stock's liquidity appears sufficient for trading, but a notable decrease in delivery volume by -62.46% against the five-day average suggests a decline in investor participation. This lack of engagement, combined with the company's consistent underperformance against the benchmark over the last three years, raises concerns about its future prospects. Overall, while the recent price increase may indicate a temporary rebound, the underlying financial challenges and market conditions suggest caution for potential investors.