Why is Mishka Exim falling/rising?

As of 13-Aug, Mishka Exim Ltd's stock price is currently at 35.94, reflecting an increase of 0.34, or 0.96%. Despite this recent uptick, the stock has shown signs of volatility, having underperformed its sector by 1.67% today and experiencing a trend reversal after two consecutive days of gains. The stock's performance over the past week has been positive at +2.92%, but it has underperformed against the benchmark Sensex, which has remained nearly flat at -0.01%. Additionally, the stock's delivery volume has significantly decreased by 55.34% compared to the five-day average, indicating a decline in investor participation. While there have been positive developments such as rising promoter confidence, with a 3.9% increase in stake, the company still faces challenges, including weak long-term fundamentals and a low return on equity of 0.82%.
In the broader market context, Mishka Exim's recent short-term performance contrasts with the benchmark, as it has shown a notable gain over the past week while the Sensex has remained stable. However, the stock's year-to-date performance is concerning, with a decline of 31.93%, compared to the Sensex's gain of 3.07%. This consistent underperformance against the benchmark over the last three years raises questions about the stock's long-term viability, despite some recent positive financial results. The combination of short-term gains and long-term challenges suggests a complex outlook for investors considering Mishka Exim Ltd.