Why is Loyal Equipments falling/rising?

As of 24-Sep, Loyal Equipments Ltd's stock price is currently at 221.95, reflecting an increase of 2.55 or 1.16%. The stock has shown a positive performance today, outperforming its sector by 2.45% and achieving a consecutive gain over the last two days with a total return of 2.02%. Despite this recent uptick, the stock has experienced a significant decline over the past month, down 8.27%, and a year-to-date drop of 19.29%. The company has a high management efficiency with a return on capital employed (ROCE) of 17.02% and a low debt-to-equity ratio of 0.41, which are positive indicators. However, the stock's long-term growth prospects appear poor, with net sales growing at an annual rate of only 14.52% over the last five years, and it has underperformed the market significantly over the past year.
Broader Market Context: In comparison to the benchmark, the stock's short-term performance has been relatively better, as it has gained 2.02% over the last two days while the broader market (Sensex) has seen a decline of 1.18% over the past week. However, the stock's long-term performance remains concerning, with a 1-year return of -23.43% compared to the Sensex's decline of only 3.77%. This underperformance, coupled with a high price-to-book value ratio of 4.7, suggests that while the stock may be experiencing a brief rally, its overall valuation and growth metrics raise red flags for investors.