Why is Qgo Finance falling/rising?

As of 05-Sep, Qgo Finance Ltd's stock price is currently at 46.36, reflecting an increase of 0.36 or 0.78%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.89%. It has outperformed its sector by 0.29% today, and its delivery volume has increased by 4.65% compared to the 5-day average, indicating rising investor participation. However, despite these short-term gains, the stock has experienced a significant decline of 33.19% over the past year, with profits falling by 1.7%. The stock is trading at a fair value compared to its peers, supported by an attractive valuation with a return on equity (ROE) of 16.4, but it also faces challenges due to weak long-term fundamental strength.
In the broader market context, Qgo Finance's short-term performance of +9.01% over the past week significantly outpaces the Sensex, which has only increased by 1.13% during the same period. However, the stock's year-to-date performance shows a decline of 14.81%, contrasting with the Sensex's gain of 3.29%. This underperformance over the longer term, particularly a -33.19% return compared to the BSE500's -4.41%, highlights the stock's struggles despite recent positive movements. Overall, while there are signs of short-term recovery, the long-term outlook remains concerning due to its substantial past losses and weak fundamentals.