Why is Pakka falling/rising?

As of 01-Jul, Pakka Ltd's stock price is currently at Rs 214.10, reflecting an increase of Rs 5.7 or 2.74%. The stock has shown a positive trend today, gaining after two consecutive days of decline and opening with a gain of 3.19%. It has outperformed its sector by 1.53% and reached an intraday high of Rs 219.3. Over the past week, the stock has surged by 16.33%, while its performance over the last month shows a rise of 19.78%. However, it is important to note that the stock has underperformed over the year, with a decline of 13.55%. Positive factors contributing to the recent price increase include high management efficiency, a strong ability to service debt, and a fair valuation compared to peers. Nonetheless, the stock faces challenges such as poor long-term growth and negative quarterly results, which may temper investor enthusiasm.
Broader market context indicates that while Pakka Ltd has outperformed the Sensex in the short term, it has significantly lagged behind in the long term. The Sensex has generated a return of 7.11% year-to-date, contrasting with Pakka's decline of 31.38% in the same period. Despite the recent positive movement, the stock's overall performance remains concerning due to its substantial underperformance compared to the broader market over the past year. This discrepancy highlights the challenges the company faces in regaining investor confidence amidst a backdrop of mixed financial indicators.