Why is SKP Bearing falling/rising?

As of 11-Aug, SKP Bearing Industries Ltd is currently priced at 214.00, reflecting an increase of 3.75 or 1.78%. The stock has shown mixed performance recently, with a 1-week decline of 2.10% and a modest 1-month gain of 0.40%. Despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. However, there has been a notable increase in investor participation, with delivery volume rising by 93.55% against the 5-day average. The company also boasts a high management efficiency with a return on capital employed (ROCE) of 16.53% and a low debt-to-equity ratio of 0.44. Nevertheless, the stock faces challenges due to poor long-term growth, as operating profit has decreased significantly over the past five years, and profits have fallen by 72% over the past year.
In the broader market context, SKP Bearing has outperformed its sector today by 2.57%, which is a positive sign amidst a generally challenging environment. While the Sensex has declined by 0.56% over the past week, SKP Bearing's short-term performance has been relatively better, although it still lags behind in year-to-date performance with a decline of 14.67% compared to the Sensex's gain of 3.98%. The stock's recent rise may be attributed to increased trading activity and investor interest, but the underlying issues of declining profits and high valuation metrics suggest caution for long-term investors.