Why is Pion. Embroider. falling/rising?

As of 30-Jul, Pioneer Embroideries Ltd is currently priced at 40.65, reflecting a slight increase of 0.12 or 0.3%. The stock has shown a positive trend recently, gaining 4.61% over the last two days and outperforming its sector by 0.31% today. However, it is trading below its moving averages across various time frames, indicating potential weakness. Over the past year, the stock has generated a return of -18.86%, while its profits have increased by 20.4%, suggesting that despite the negative return, the company is improving its profitability. Additionally, the stock is trading at a discount compared to its peers, which may attract some investors, but the decrease in foreign institutional investors' holdings to 0% raises concerns about investor confidence.
In the broader market context, the stock has underperformed against the benchmark, with a one-week return of -2.68% compared to the Sensex's -1.50%. This trend of underperformance has been consistent over the last three years, where the stock has lagged behind the BSE500. The weak long-term fundamental strength, indicated by a -1.43% CAGR growth in operating profits over the last five years and a low return on equity of 6.68%, further contributes to the stock's struggles. Overall, while there are some positive indicators, the persistent underperformance against the benchmark and declining investor participation suggest that the stock's recent rise may not be sustainable in the long term.