Why is Somi Conv.Belt. falling/rising?

As of 18-Sep, Somi Conveyor Beltings Ltd is currently priced at 137.60, reflecting a slight increase of 0.1 (0.07%). The stock has shown a positive trend recently, gaining 2.84% over the last two days and outperforming its sector by 0.65%. However, despite this short-term gain, the stock has underperformed over the past month with a decline of 7.40% and a year-to-date drop of 31.88%. The company's return on capital employed (ROCE) is 8.2, indicating an attractive valuation, yet it suffers from poor management efficiency with a low return on equity (ROE) of 4.85%. Additionally, while profits have increased by 27.2% over the past year, the stock's performance has not reflected this growth, leading to a negative sentiment among investors.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has risen by 1.80% over the past week. This disparity highlights the stock's struggles, particularly given its significant underperformance over the last year, where it declined by 20.28% compared to the market's slight gain of 0.08%. The falling investor participation, evidenced by a 17.95% decrease in delivery volume, further suggests a lack of confidence among traders, which may contribute to the stock's inability to capitalize on its recent gains. Overall, while there are some positive indicators, the combination of poor long-term growth prospects and recent underperformance relative to the market creates a challenging environment for Somi Conveyor Beltings Ltd.