Why is Somi Conv.Belt. falling/rising?

As of 19-Sep, Somi Conveyor Beltings Ltd's stock price is currently at 139.95, reflecting an increase of 2.35 (1.71%). The stock has shown a positive trend recently, gaining 4.6% over the last three days, although it underperformed its sector by 0.64% today. Despite this recent uptick, the stock has a mixed performance over different periods, with a 1-week return of +4.44% but a significant decline of -6.89% over the past month and -30.72% year-to-date. The company's attractive valuation, indicated by a return on capital employed (ROCE) of 8.2 and a PEG ratio of 1, suggests it is trading at a discount compared to its peers. However, the low return on equity (ROE) of 4.85% and poor management efficiency raise concerns about long-term profitability, which may contribute to the stock's volatility.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex by 4.44% over the past week while the benchmark has only gained 0.88%. However, the stock has underperformed the market significantly over the past year, with a decline of -17.65% compared to the Sensex's slight drop of -0.67%. This disparity highlights the challenges the company faces in maintaining investor confidence, especially given the falling investor participation and the recent flat results. Overall, while there are some positive indicators, the stock's long-term growth prospects remain uncertain, which may affect its price movements in the future.