Why is Maha Rashtra Apx falling/rising?

As of 25-Jul, Maha Rashtra Apex Corporation Ltd's stock price is currently at Rs 108.00, reflecting an increase of Rs 1.2 or 1.12%. The stock has shown a trend reversal today, gaining after three consecutive days of decline. Despite this uptick, the stock has underperformed in the longer term, with a year-to-date return of -27.08% and a one-year return of -33.74%. The stock's performance today has outpaced its sector by 3.24%, although it remains below its moving averages across various time frames. Additionally, while the stock has a strong long-term fundamental strength with an average Return on Equity (ROE) of 19.94%, it has faced significant challenges, including a drastic profit decline of -96.9% over the past year.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has seen a slight decline of -0.36% over the past week. The finance/NBFC sector, to which Maha Rashtra Apex belongs, has also experienced a downturn of -2.12%. Despite the recent rise in investor participation, as indicated by a significant increase in delivery volume, the stock's long-term performance remains concerning, particularly given its substantial losses and underperformance compared to the BSE500 over the past three years. This combination of factors suggests that while there may be short-term gains, the overall outlook for the stock remains precarious.