Why is Shree Ganesh Rem falling/rising?

As of 24-Sep, Shree Ganesh Remedies Ltd is currently priced at 545.20, reflecting an increase of 4.4 (0.81%). The stock has shown a positive movement today, outperforming its sector by 1.26% and achieving a consecutive gain over the last two days with a total return of 0.92%. However, despite this recent uptick, the stock has underperformed significantly over the past month, down 8.02%, and has a year-to-date decline of 14.54%. The company has reported negative financial results, including a 25.8% drop in profit after tax and a 20.95% decrease in net sales over the last six months, which contributes to a perception of an expensive valuation relative to its peers. Additionally, the low level of domestic mutual fund investment may indicate a lack of confidence in the stock's current price.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has declined by 35.40% over the past year while the market, represented by the BSE500, has only fallen by 5.32%. This significant underperformance highlights investor concerns regarding the company's financial health and growth prospects. Although the stock has seen some positive movement today, the overall trend remains negative, suggesting that while there may be short-term gains, the long-term outlook is still challenged by the company's poor financial results and low investor confidence.