Why is Modern Shares falling/rising?

As of 08-Sep, Modern Shares & Stockbrokers Ltd is currently priced at 42.86, reflecting an increase of 0.66 or 1.56%. The stock has shown a positive trend recently, having outperformed its sector by 1.24% today and achieving a consecutive gain over the last two days, resulting in a total return of 3.3% during this period. However, the stock's performance over the past week has been negative, with a decline of 2.59%. Additionally, the stock has underperformed in the long term, with a year-to-date return of -33.03% and a one-year return of -14.43%. The company has a weak long-term fundamental strength, indicated by a low average Return on Equity (ROE) of 1.74% and a valuation that is considered expensive compared to its peers.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 0.53% over the past week. While the stock has shown some short-term recovery, its long-term trajectory remains concerning, especially given that it has significantly underperformed the market over the last year. The decline in investor participation, as evidenced by a 51.88% drop in delivery volume, further complicates its outlook. Despite the recent uptick, the overall sentiment surrounding the stock remains cautious due to its weak fundamentals and substantial losses in the past year.