Why is Priti Internati. falling/rising?

As of 17-Sep, Priti International Ltd's stock price is currently at 78.02, reflecting an increase of 1.1 or 1.43%. The stock has shown a positive performance today, outperforming its sector by 0.9%. In terms of returns, over the past week, the stock has risen by 4.44%, while it has experienced a significant decline of 10.42% over the past month and a staggering 44.75% year-to-date. Despite this recent uptick, the company has declared negative results for the last four consecutive quarters, with a notable operating loss and a decline in net sales. The stock's valuation appears expensive compared to its peers, contributing to its weak long-term fundamental strength.
Broader market context indicates that while Priti International Ltd has outperformed the sector in the short term, it has consistently underperformed against the benchmark, the BSE500, over the last three years. The stock's performance of -46.82% over the past year starkly contrasts with the benchmark's marginal decline of -0.35%. This consistent underperformance, coupled with the company's ongoing operational challenges and negative financial results, suggests that the stock's recent rise may not be sustainable in the long term.