Why is Somi Conv.Belt. falling/rising?

As of 27-Jun, Somi Conveyor Beltings Ltd is experiencing a price increase, with the current price at Rs 164.00, reflecting a rise of 4.05 (2.53%). Today, the stock opened with a gain of 2.5% and reached an intraday high of Rs 171.5, indicating positive momentum. However, despite this short-term gain, the stock has underperformed over the past month with a decline of 15.46% and a year-to-date drop of 18.81%. The company has an attractive valuation with a return on equity of 7.7 and a price-to-book value of 2.7, trading at a discount compared to its peers. Nevertheless, the stock's long-term growth prospects appear limited, as evidenced by a modest operating profit growth rate of 8.88% over the last five years and a significant decline in net sales in the most recent quarter.
Broader Market Context: In the short term, Somi Conveyor Beltings Ltd has outperformed the benchmark Sensex, which has only increased by 2.00% over the past week, while the stock has risen by 7.05%. Despite this recent outperformance, the stock's long-term performance remains concerning, with a one-year return of -22.86%, significantly lagging behind the broader market's gain of 4.10%. This disparity highlights the challenges the company faces in maintaining investor confidence, especially given the recent drop in delivery volume and the overall negative sentiment surrounding its long-term growth potential.