Why is Mirza Internatio falling/rising?

As of 27-Jun, Mirza International Ltd's stock price is currently at Rs 32.32, reflecting an increase of Rs 1.56 or 5.07%. Today's price summary indicates that the stock outperformed its sector by 4.88%, reaching an intraday high of Rs 33.76, which is a 9.75% increase. However, despite this positive movement, the stock has shown weak long-term fundamental strength, with a significant decline in operating profits over the last five years and a negative return on equity of -0.6. The company has also reported negative results in its latest quarter, including a substantial drop in net sales and a dramatic fall in profit before tax. This combination of short-term gains against a backdrop of long-term challenges contributes to a complex picture for investors.
In the broader market context, the stock's short-term return of +3.56% over the past week outperformed the Sensex, which increased by 2.00%. However, the stock has underperformed significantly over the longer term, with a year-to-date decline of -14.95% compared to the Sensex's gain of +7.58%. This stark contrast highlights the stock's struggles relative to the broader market, particularly given its negative returns of -25.68% over the past year while the market has generated positive returns. The falling investor participation, as indicated by a sharp decline in delivery volume, further suggests caution among investors despite the recent price increase.