Why is Polo Queen Ind. falling/rising?

As of 18-Sep, Polo Queen Industrial and Fintech Ltd is experiencing a slight increase in its stock price, currently at 49.80, with a change of 0.17, representing a 0.34% rise. The stock has shown a performance inline with its sector, gaining for the last two days with a total return of 0.87% during this period. However, it is important to note that the stock's performance over the past week is down by 0.95%, while it has seen a significant increase of 17.12% over the past month. Despite these gains, the stock has a concerning year-to-date decline of 64.56%. Factors contributing to its recent movement include a healthy long-term growth rate in net sales of 34.22%, but it also faces challenges such as poor management efficiency indicated by a low return on equity (ROE) of 1.03% and negative quarterly results showing a 33.18% drop in net sales.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has risen by 1.80% over the past week and 2.14% over the past month. While Polo Queen has outperformed the market over the past year with a return of 14.09% compared to the Sensex's 0.08%, the stock's overall year-to-date performance remains significantly negative. Additionally, the falling investor participation, with a delivery volume decrease of 54.91%, raises concerns about liquidity and investor confidence. The lack of domestic mutual fund investment, holding only 0% of the company, further suggests a cautious outlook from institutional investors, potentially impacting future stock performance.