Why is Route Mobile falling/rising?

As of 12-Jun, Route Mobile Ltd's stock price is currently at 1,084.00, reflecting an increase of 62.0 points or 6.07%. The stock has shown a positive trend today, outperforming its sector by 7.05% after two consecutive days of decline. It reached an intraday high of Rs 1159.95, indicating a significant upward movement. Despite this, the stock has experienced a substantial decline over the past year, with a return of -30.04%, and has consistently underperformed against the benchmark over the last three years. Positive factors contributing to the recent rise include high management efficiency, a low debt-to-equity ratio, and healthy long-term growth in net sales. However, the stock's performance is tempered by negative results reported in March, including a decrease in profit after tax and a low return on capital employed.
In the broader market context, Route Mobile's short-term return of +12.16% over the past week significantly outpaces the Sensex, which has only increased by 0.31% during the same period. This suggests that while the stock is experiencing a rebound in the short term, it has still faced challenges in the longer term, as evidenced by its year-to-date decline of -22.07% compared to the Sensex's gain of +4.55%. The stock's liquidity remains adequate for trading, but falling investor participation could indicate caution among investors. Overall, the recent price movement reflects a mix of short-term recovery and ongoing concerns about long-term performance.