Why is Mishka Exim falling/rising?

As of 23-Jun, Mishka Exim Ltd's stock price is currently at 27.00, reflecting an increase of 0.15, or 0.56%. The stock has recently shown a trend reversal, gaining after two consecutive days of decline. However, it has underperformed its sector by 2.19% today. Over the past week, the stock has decreased by 6.80%, while it has seen an increase of 8.00% over the past month. Despite this recent uptick, the stock has a poor long-term performance, with a year-to-date decline of 48.86% and a one-year return of -20.73%. Positive factors include rising promoter confidence, as they have increased their stake by 3.16%, indicating belief in the company's future. However, the stock's weak long-term fundamentals, including a low return on equity and poor debt servicing ability, suggest ongoing challenges.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week and a modest gain of 0.22% over the past month, indicating that the market is relatively stable. While Mishka Exim's recent performance has improved, it still lags behind the benchmark in both the short and long term. The stock's performance over the last three years has been particularly poor, with a decline of 9.70%, contrasting sharply with the Sensex's substantial gain of 56.69% during the same period. This underperformance relative to the broader market may contribute to investor caution despite the recent positive movement in the stock price.