Why is Shree Ganesh Rem falling/rising?

As of 16-Sep, Shree Ganesh Remedies Ltd is experiencing a price increase, currently at 567.85, which reflects a rise of 15.85 or 2.87%. Today's price summary indicates that the stock has outperformed its sector by 2.59% and has gained after three consecutive days of decline. It opened with a 2% gain and reached an intraday high of Rs 569. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend overall. Despite a low debt-to-equity ratio of 0.09, the company has reported negative results, including a 25.8% fall in PAT and a 20.95% decline in net sales over the last six months, contributing to a significant year-to-date drop of 10.99% and a yearly decline of 35.55%.
In the broader market context, the stock has underperformed compared to the benchmark, with a one-year return of -35.55% against the Sensex's -0.73%. While the market has shown some resilience, the stock's performance indicates a lack of investor confidence, as evidenced by the absence of domestic mutual fund holdings. This suggests that institutional investors may not be comfortable with the current valuation or business outlook. The stock's recent upward movement may be a temporary correction following its prolonged decline, but the overall negative financial indicators and low institutional interest continue to weigh heavily on its long-term prospects.