Why is Sahyadri Industr falling/rising?

As of 18-Sep, Sahyadri Industries Ltd is experiencing a price increase, currently at 271.05, reflecting a rise of 7.85 or 2.98%. The stock has shown positive momentum, gaining for the last two days with a total return of 4.81% during this period. Despite this recent uptick, the stock has underperformed significantly over longer time frames, with a one-year return of -24.93% and a three-year return of -42.52%. The company has a high management efficiency indicated by a return on capital employed (ROCE) of 16.93% and a low debt to EBITDA ratio of 0.94, suggesting strong financial health. However, the stock's valuation remains attractive compared to its peers, yet it has faced consistent underperformance, particularly with a decline in profits by 25.3% over the past year.
In the broader market context, while Sahyadri Industries has outperformed its sector by 3.49% today, it has lagged behind the benchmark Sensex, which has gained 1.80% over the past week. The stock's recent gains come amid a backdrop of declining investor participation, as evidenced by a drop in delivery volume by 11.99% against the five-day average. This suggests that while there may be short-term interest in the stock, the long-term outlook remains challenged due to poor growth rates and flat financial results, which could impact future performance.