Why is Poona Dal & Oil falling/rising?

As of 12-Aug, Poona Dal and Oil Industries Ltd is experiencing a price increase, currently at Rs 63.00, reflecting a rise of 3.0 (5.0%). Today's price summary indicates that the stock has outperformed its sector by 5.92% and has shown a trend reversal after three consecutive days of decline. It opened with a significant gain of 16.67% and reached an intraday high of Rs 71.98, although it has been trading lower than its moving averages across various time frames. Despite this positive movement, the company faces challenges, including weak long-term fundamental strength with a -24.63% CAGR growth in operating profits over the last five years and a low return on equity of 2.00%, indicating low profitability. Additionally, the recent quarterly results showed a decline in net sales and earnings per share, contributing to a perception of the stock as a strong sell.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.77%, while the benchmark Sensex has declined by 0.59%. This indicates that Poona Dal and Oil Industries Ltd has managed to outperform the broader market in the short term, despite its longer-term underperformance against benchmarks over the past year and three years. The stock has generated a return of -12.62% in the last year, which is significantly lower than the benchmark's performance, highlighting the ongoing challenges the company faces in maintaining investor confidence.