Why is Patels Airtemp falling/rising?

As of 25-Aug, Patels Airtemp (India) Ltd is experiencing a price increase, currently at Rs 377.00, reflecting a rise of Rs 12.0 or 3.29%. The stock has shown a positive performance today, outperforming its sector by 2.97% and achieving a consecutive gain over the last three days, with a total return of 4.48% during this period. Despite this recent uptick, the stock has faced significant challenges, with a year-to-date decline of 39.96% and a one-year drop of 47.16%. The company has a return on capital employed (ROCE) of 12.5, indicating an attractive valuation, although its profits have decreased by 13.9% over the past year, contributing to the stock's overall negative trajectory.
In the broader market context, while the stock has outperformed the Sensex in the short term, with a weekly return of 12.02% compared to the benchmark's 0.45%, it has underperformed significantly over longer periods. The stock's long-term growth prospects appear weak, with net sales and profits declining sharply in the most recent quarter. Additionally, the stock's liquidity remains adequate, but falling investor participation suggests a lack of confidence among traders. Overall, despite the recent gains, the stock's poor long-term growth and substantial declines over the past year indicate ongoing challenges that may affect its future performance.