Why is Neil Industries falling/rising?

As of 17-Jul, Neil Industries Ltd is currently priced at 8.00, reflecting an increase of 0.13 or 1.65%. The stock has shown a positive trend recently, gaining for the last two consecutive days with a total return of 2.56%. However, despite this short-term gain, the stock has underperformed significantly over longer periods, with a decline of 5.88% over the past month and a staggering 52.24% drop over the last year. The company's fundamentals are weak, highlighted by a negative compound annual growth rate (CAGR) of -14.59% in net sales over the last five years and a low return on equity (ROE) of 2.36%. Additionally, the stock's valuation appears expensive relative to its performance, trading at a price to book value of 0.3, which indicates a discount compared to peers.
In the broader market context, Neil Industries has outperformed its sector by 1.37% today, but this is overshadowed by its overall poor performance compared to the benchmark, as it has generated a return of -52.24% over the past year while the Sensex has increased by 1.91%. The stock's liquidity is adequate for trading, but there has been a notable decline in investor participation, with delivery volume falling by 24.17% against the five-day average. This combination of weak long-term fundamentals, declining investor interest, and significant underperformance against the broader market suggests that while there may be short-term gains, the overall outlook for Neil Industries remains concerning.