Why is Mirza Internatio falling/rising?

As of 24-Jul, Mirza International Ltd's stock price is currently at 33.02, reflecting an increase of 0.74, or 2.29%. The stock has outperformed its sector today by 2.71%, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite this positive movement, the stock has experienced a decline in investor participation, with delivery volume falling by 17.45% compared to the 5-day average. Over the past week, the stock has gained 0.67%, while it has seen a more substantial increase of 6.83% over the past month. However, it has underperformed significantly on a year-to-date basis with a decline of 13.11% and a staggering 30.63% drop over the past year, indicating ongoing challenges.
In the broader market context, while the Sensex has shown a slight increase of 0.16% over the past month and a positive return of 5.18% year-to-date, Mirza International's performance has been notably poor, particularly over the last year where it has underperformed the market. The company's weak long-term fundamentals, highlighted by a -44.82% CAGR growth in operating profits over the last five years and a negative return on equity of -0.6, contribute to its expensive valuation compared to peers. Additionally, recent negative financial results, including a significant drop in net sales and a drastic fall in profit before tax, further exacerbate the stock's challenges, leading to its overall negative performance despite today's rise.