Why is Savita Oil Tech falling/rising?

As of 03-Jul, Savita Oil Technologies Ltd is experiencing a price increase, currently at 447.00, reflecting a rise of 20.75 or 4.87%. The stock has shown strong performance today, outperforming its sector by 5.53% and gaining 7.46% over the last three days. It opened with an 8.6% gain and reached an intraday high of Rs 462.9. However, despite this recent uptick, the stock has a negative year-to-date return of -15.48% and a significant decline of -25.11% over the past year, indicating ongoing struggles. The company has a low debt-to-equity ratio and a fair valuation, but its profits have fallen by -43.9%, contributing to a mixed outlook for investors.
In the broader market context, the stock's short-term return of +7.09% over the past week contrasts sharply with the Sensex, which has declined by -0.62%. While the stock has shown resilience in the short term, it has underperformed the market over the last year, where the BSE500 index generated returns of 2.20%. This underperformance, coupled with a declining operating profit growth rate and a low return on capital employed, suggests that while there may be short-term gains, the long-term outlook remains challenging for Savita Oil Technologies Ltd.