Why is Mirza Internatio falling/rising?

As of 04-Jul, Mirza International Ltd's stock price is currently at 32.80, reflecting an increase of 1.23 or 3.9%. The stock has shown a positive trend today, having gained after three consecutive days of decline, and opened with a gap up of 2.63%. It reached an intraday high of Rs 33, marking a 4.53% increase. Despite this short-term gain, the stock has underperformed over the past year, with a return of -27.93%, while the broader market has generated a return of 4.23%. Additionally, the stock's long-term fundamentals are weak, evidenced by a significant decline in operating profits and a low return on equity, which suggests that the stock is trading at a premium compared to its peers.
In the broader market context, Mirza International's recent performance contrasts with the benchmark, as it has outperformed the sector by 2.63% today, despite a negative return of -13.68% year-to-date compared to the Sensex's 6.77% gain. The stock's liquidity is adequate for trading, but there has been a notable decline in investor participation, with delivery volume dropping by 53.49% against the five-day average. This decline in participation, coupled with the company's negative financial results and weak long-term growth prospects, indicates that while there may be short-term gains, the overall outlook remains concerning.