Why is Modern Shares falling/rising?

As of 05-Sep, Modern Shares & Stockbrokers Ltd is currently priced at 42.20, reflecting an increase of 0.71 or 1.71%. The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it is trading below its moving averages across various time frames, indicating a potential weakness in momentum. Despite today's performance, the stock has underperformed in the short term, with a one-week return of -2.76% compared to the Sensex's gain of +1.13%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 71.1% against the five-day average, which may signal waning interest among investors. The company's fundamentals are weak, with a low return on equity of 1.74% and a high valuation compared to peers, contributing to a negative sentiment around the stock.
In the broader market context, while the Sensex has remained flat over the past month, Modern Shares has seen a decline of 2.65%, indicating a weaker performance relative to the benchmark. Over the past year, the stock has generated a return of -15.60%, significantly underperforming the market, which experienced a decline of only -1.81%. This stark contrast highlights the challenges faced by Modern Shares in attracting investor confidence, particularly given its recent flat results and declining profits. The combination of weak long-term fundamentals and poor recent performance against the market backdrop suggests that the stock's rise today may not be indicative of a sustained recovery.