Why is Oswal Green Tech falling/rising?

As of 02-Sep, Oswal Green Tech Ltd's stock price is currently at 40.98, reflecting an increase of 0.48 or 1.19%. The stock has shown a positive performance today, outperforming its sector by 1.32% and has been gaining for the last two days, with a total return of 1.74% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum. Despite a significant growth in PAT and net sales, the stock's long-term fundamentals are weak, with a low return on equity of 1.21% and a concerning annual operating profit decline of -36.79%. Furthermore, the stock's valuation appears expensive compared to peers, which may deter investor confidence.
In the broader market context, Oswal Green Tech has underperformed relative to the benchmark, with a year-to-date decline of -13.47% compared to a positive return of +2.58% for the Sensex. Over the past year, while the stock has dropped by -17.60%, the broader market has only seen a decline of -2.91%. This significant underperformance, coupled with low domestic mutual fund participation, suggests a lack of confidence in the stock's future prospects. Overall, while there are some positive indicators in the short term, the stock's long-term outlook remains concerning, contributing to its recent price movements.