Why is KBS India falling/rising?

As of 22-Jul, KBS India Ltd's stock price is currently at Rs 5.25, reflecting an increase of Rs 0.15 or 2.94%. Despite this daily gain, the stock has shown a negative performance over the past week and month, with declines of 0.94% and 11.32%, respectively. It is also trading significantly below its moving averages across various time frames, indicating a bearish trend. The stock is close to its 52-week low, being only 4.76% away from Rs 5, and has underperformed the broader market, generating a return of -37.50% over the past year compared to the Sensex's positive return of 2.09%. The company is experiencing rising investor participation, with a 7.31% increase in delivery volume, which may contribute to the recent price uptick.
In the broader market context, KBS India Ltd's recent price movement occurs against a backdrop of overall market performance, where the BSE500 has generated a return of 0.99% over the past year. The stock's weak long-term fundamentals, characterized by operating losses and a declining operating profit growth rate of -4.85%, suggest that the recent rise may not be sustainable. Additionally, the stock's high valuation relative to its peers, with a Price to Book Value of 1.7 and a low return on equity of 0.5, raises concerns about its long-term viability. Consequently, while there is a slight upward movement in the stock price, the underlying factors indicate a challenging outlook, reinforcing the notion that it may be a strong sell.