Why is Samyak Internati falling/rising?

As of 15-Sep, Samyak International Ltd's stock price is currently at 23.99, reflecting an increase of 0.19 or 0.8%. Today's price summary indicates that the stock has outperformed its sector by 0.33% and has experienced a trend reversal, gaining after two consecutive days of decline. However, despite this short-term uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.64%, and its year-to-date performance shows a significant decline of 42.68%. The company has also reported weak long-term fundamentals, with a low return on equity of 5.80%, and negative financial results in the latest quarter, including a substantial drop in profit before tax and net sales. Additionally, a decrease in promoter stake by 1.58% suggests reduced confidence in the company's future.
Broader market context shows that while Samyak International Ltd has seen a short-term rise, its overall performance has been significantly lagging behind the benchmark, with a year-to-date return of -42.68% compared to the Sensex's gain of 4.67%. The stock has underperformed the broader market over various time frames, including a staggering 60.73% decline over the past year. This underperformance, coupled with weak financial indicators and diminishing promoter confidence, paints a concerning picture for investors, despite the recent minor price increase.