Why is Poddar Pigments falling/rising?

As of 12-Sep, Poddar Pigments Ltd. is currently priced at 287.25, reflecting an increase of 1.4 or 0.49%. The stock has shown a positive trend, gaining for three consecutive days and achieving a total return of 3.33% during this period. Additionally, it has outperformed its sector by 0.61% today. Despite this recent uptick, the stock has experienced a significant decline over the past year, with a return of -29.55%, and its profits have decreased by -34.5%. The company maintains a low debt-to-equity ratio and is trading at a fair valuation compared to its peers, but it has shown poor long-term growth, with operating profit declining at an annual rate of -0.13% over the last five years.
In the broader market context, the stock's short-term performance of +5.59% over the past week significantly outpaces the benchmark Sensex, which has only increased by +1.48% during the same period. However, the stock's year-to-date performance remains concerning, as it has declined by -20.71%, contrasting sharply with the Sensex's gain of +4.82%. This disparity highlights the stock's struggles despite recent positive movements, indicating that while there may be short-term gains, the long-term outlook remains weak, contributing to its classification as a strong sell.