Why is SPA CAPT SER falling/rising?

As of 22-Jul, SPA Capital Services Ltd is currently priced at Rs 116.00, reflecting an increase of Rs 1.8 or 1.58%. Today's price summary indicates that the stock has outperformed its sector by 1.79% and has experienced a trend reversal after 12 consecutive days of decline. Despite opening with a loss of 4.99%, the stock reached an intraday high of Rs 119.9, showcasing volatility with a wide trading range of Rs 11.4. Over the past week, the stock has seen a significant decline of 17.23%, and its performance over the last year shows a decrease of 26.66%. Positive factors contributing to the stock's recent movement include a notable growth in net sales and profits, although the stock has underperformed compared to its peers historically.
Broader market context reveals that while SPA Capital Services has struggled with a year-to-date return of -23.56%, the benchmark Sensex has gained 5.18% during the same period. This stark contrast highlights the stock's underperformance relative to the broader market. The stock's recent rise may be attributed to increased investor participation, as evidenced by a significant rise in delivery volume, suggesting renewed interest despite its overall negative performance in the longer term. The stock's valuation remains attractive compared to peers, but its historical underperformance raises concerns for potential investors.