Why is Shrydus Indust. falling/rising?

As of 12-Aug, Shrydus Industries Ltd is experiencing a price increase, currently at 4.77, with a change of 0.09, representing a rise of 1.92%. The stock has shown a strong performance today, outperforming its sector by 2.83% and has been on a consecutive gain streak for the last six days, accumulating a total return of 11.97% during this period. However, despite this recent uptick, the stock has faced significant challenges over the longer term, with a year-to-date decline of 65.13% and a staggering 73.50% drop over the past year. The company has a very attractive valuation with a return on equity of 16.4 and a price-to-book value of 0.3, indicating it is trading at a discount compared to its peers. Nonetheless, the company is also grappling with operating losses and weak long-term fundamental strength, which may contribute to investor caution. In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has gained 9.91% over the past week while the Sensex has declined by 0.59%. Despite this short-term outperformance, the stock's long-term trajectory remains concerning, as it has underperformed the market significantly over the past year. The overall market, represented by the BSE500, has seen a negative return of only 2.11%, while Shrydus Industries' decline has been much steeper. This disparity highlights the challenges the company faces, despite its recent price increase, as it continues to struggle with substantial losses and declining investor participation, evidenced by a 92.62% drop in delivery volume against the five-day average.