Why is Priti Internati. falling/rising?

As of 15-Sep, Priti International Ltd's stock price is currently at Rs 75.63, reflecting an increase of Rs 0.72 or 0.96%. The stock has shown a mixed performance recently, with a 1-week return of +1.30%, indicating a slight recovery in the short term, while it has significantly underperformed over the longer term, with a 1-month decline of -13.17% and a year-to-date drop of -46.44%. Today's price summary indicates that the stock is close to its 52-week low, just 3.48% away from Rs 73, and has outperformed its sector by 0.74%. However, the stock's moving averages suggest it is currently lower than the 20-day, 50-day, 100-day, and 200-day averages, which may indicate a lack of sustained upward momentum. Additionally, there has been a decline in investor participation, with a drop in delivery volume, which could signal waning interest among investors.
Broader market context shows that while Priti International Ltd has managed to outperform the Sensex by a small margin in the past week, its long-term performance remains concerning. The stock has consistently underperformed against the benchmark over the last three years, with a staggering -64.28% return compared to the Sensex's +40.23%. The company's financial health is also troubling, with operating losses and negative results for the last four consecutive quarters, leading to a weak long-term fundamental strength. The stock is trading at a premium compared to its peers, and with a return of -48.78% over the past year alongside a significant drop in profits, these factors contribute to a bearish outlook for the stock despite its recent minor uptick.