Why is Signpost India falling/rising?

As of 29-Jul, Signpost India Ltd's stock price is currently at Rs 230.00, reflecting an increase of Rs 6.55 or 2.93%. Despite this positive movement today, the stock has shown a decline of 3.34% over the past week and a significant drop of 37.82% year-to-date. Today's trading saw the stock open lower, down 3.98%, but it managed to reach an intraday high of Rs 232, indicating some volatility. The stock's performance has been characterized by a higher trading volume near its low price, and there has been a notable increase in delivery volume, suggesting rising investor participation. However, the company faces challenges, including a poor long-term growth outlook with a negative annual operating profit growth rate and significant declines in profit before tax and profit after tax in recent quarters.
In the broader market context, while Signpost India has outperformed its sector by 1.73% today, it has consistently underperformed against the benchmark, the Sensex, over the last three years, with a return of -7.76% compared to the benchmark's near flat performance of -0.02% over the same period. The stock's liquidity appears adequate for trading, but the decrease in institutional investor participation, which has fallen by 0.97% in the last quarter, raises concerns about the stock's attractiveness to more knowledgeable investors. Overall, while there is some short-term positive momentum, the long-term fundamentals and recent negative performance metrics suggest a cautious outlook for Signpost India Ltd.