Why is Oswal Green Tech falling/rising?

As of 03-September, Oswal Green Tech Ltd's stock price is currently at 41.32, reflecting an increase of 0.34 (0.83%). The stock has been gaining momentum, with a consecutive gain over the last three days resulting in a total return of 2.58% during this period. Although the stock is performing better than its 1-week return of +0.19%, it has underperformed over the longer term, with a year-to-date decline of -12.75%. Positive factors contributing to the recent price movement include a significant growth in profit after tax (PAT) of 42.6% and record net sales of Rs 20.19 crore. However, the stock faces challenges due to weak long-term fundamentals, indicated by a low return on equity (ROE) of 1.21% and a concerning annual operating profit growth rate of -36.79%. Additionally, the stock's high valuation compared to peers and minimal domestic mutual fund interest may signal caution among investors.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has shown a positive return while the Sensex has declined by -0.27% over the past week. Despite the stock's recent gains, it has significantly underperformed the market over the past year, with a return of -17.24% compared to the benchmark's -4.38%. This disparity highlights the stock's struggles in maintaining investor confidence, particularly given its weak long-term growth prospects and the limited interest from domestic mutual funds, which may indicate a lack of comfort with the stock's current price.