Why is Mish Designs falling/rising?

As of 26-Sep, Mish Designs Ltd's stock price is currently at Rs 64.00, reflecting an increase of Rs 3.04 or 4.99%. The stock has shown a strong performance today, outperforming its sector by 6.88% and marking a consecutive gain over the last three days with a total return of 15.73%. However, despite this recent uptick, the stock has significantly underperformed over the past year, with a decline of 69.98%, which is much steeper than the broader market's negative return of 6.30%. Additionally, the stock's trading volume has decreased, indicating falling investor participation, which may temper the positive momentum.
In the broader market context, Mish Designs has outperformed the Sensex in the short term, with a 1-week return of 6.15% compared to the benchmark's decline of 2.66%. This short-term strength contrasts sharply with its long-term performance, where it has lagged significantly behind the market over the past year. The stock's recent gains may be attributed to a temporary rebound, but the substantial historical underperformance raises concerns about its sustainability. Overall, while the stock is experiencing a rise in the short term, its long-term outlook remains challenging due to its drastic declines in value over the past year.