Why is Pacific Inds falling/rising?

As of 19-Aug, Pacific Industries Ltd's stock price is currently at 203.95, reflecting an increase of 3.95 or 1.97%. Today, the stock has shown a positive trend, gaining after two consecutive days of decline and outperforming its sector by 0.91%. However, despite this uptick, the stock has underperformed over the past week and month, with returns of -1.54% and -5.12%, respectively. The company's recent financial performance has raised concerns, highlighted by a significant drop in profit after tax and net sales, alongside a weak return on equity of 2.66%. Additionally, the stock is trading below its moving averages, indicating a bearish trend, and there has been a notable decline in investor participation.
Broader market context shows that while Pacific Industries has experienced a slight rise today, it has lagged behind the benchmark Sensex, which has gained 1.76% over the past week. The stock's long-term performance is concerning, with a year-to-date decline of 33.99% compared to a 4.49% increase in the Sensex. This underperformance is compounded by the company's weak fundamentals, including a poor EBIT to interest ratio and an expensive valuation relative to peers. Overall, while there is a short-term rise in stock price, the broader context suggests ongoing challenges that may hinder sustained growth.