Why is PMC Fincorp falling/rising?

As of 09-Sep, PMC Fincorp Ltd's stock price is currently at 2.18, reflecting an increase of 0.03 or 1.4%. The stock has been gaining for the last three days, with a total return of 3.32% during this period. It has outperformed its sector by 0.85% today, and the delivery volume has significantly increased by 481.48% compared to the five-day average, indicating rising investor participation. However, despite these short-term gains, the stock has experienced a substantial decline of 50.10% over the past year, with profits falling by 8.2%. The stock is trading at a discount compared to its peers, but it also has a weak long-term fundamental strength, reflected in its average Return on Equity (ROE) of 5.19%.
In the broader market context, PMC Fincorp's short-term performance of 2.35% over the past week outpaces the Sensex's return of 1.18%, indicating a positive trend relative to the benchmark. However, the stock's year-to-date performance shows a significant underperformance of -37.54% compared to the Sensex's gain of 3.79%. This contrast highlights the challenges the company faces in the long term, as it has consistently underperformed the broader market over various time frames, including the last three years and one year. Despite the recent uptick in price and trading activity, the overall outlook remains cautious due to the substantial historical losses and weak fundamentals.