Why is Rishiroop falling/rising?

As of 11-Jun, Rishiroop Ltd's stock price is currently at Rs 126.65, reflecting an increase of Rs 5.25 or 4.32%. The stock has shown a positive trend recently, gaining 8.9% over the past week and outperforming its sector by 5.65% today. It has also experienced consecutive gains over the last two days, reaching an intraday high of Rs 127. Despite this upward movement, the stock has a concerning long-term performance, with a return of -21.77% over the past year and a significant decline in profits by 55.9%. The company maintains a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 0.9, which may contribute positively to investor sentiment.
In the broader market context, Rishiroop's short-term performance of +8.90% over the past week significantly outpaces the Sensex's gain of +1.87% during the same period. However, the stock's year-to-date performance remains troubling, with a decline of -43.75% compared to the Sensex's increase of +5.60%. This stark contrast highlights the stock's struggles despite recent gains, indicating that while there may be short-term optimism, long-term growth prospects appear limited due to poor sales growth and negative earnings results.