Why is PTC India Fin falling/rising?

As of 24-Sep, PTC India Financial Services Ltd is currently priced at 37.07, reflecting a slight increase of 0.1 or 0.27%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.36%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant growth in net profit of 134.88% and positive results over the last three quarters, the stock has underperformed in the long term, with a return of -27.16% over the past year compared to the market's -3.77%. This underperformance is compounded by a weak long-term fundamental strength, reflected in an average return on equity of 5.67% and declining net sales.
In the broader market context, while PTC India Financial Services has experienced a short-term gain, its performance over the past week shows a decline of 2.81%, contrasting with the Sensex's drop of only 1.18%. The stock's long-term trajectory has been concerning, with a year-to-date decline of 13.87% against the Sensex's gain of 4.58%. The stock's valuation appears expensive with a price-to-book value of 0.9, and despite recent profit increases, the overall market sentiment remains cautious due to its historical underperformance and weak growth indicators.