Why is Spacenet Enterpr falling/rising?

As of 25-Aug, Spacenet Enterprises India Ltd is experiencing a price increase, with its current price at 5.06, reflecting a change of 0.21 or 4.33% upward. Despite this daily gain, the stock has shown significant underperformance over various periods, with a one-week return of -8.99% and a one-month return of -26.02%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, the company has reported positive financial metrics, including a 95.34% growth in profit after tax over the last six months and a healthy annual operating profit growth rate of 65.31%. Additionally, institutional investors have increased their stake, suggesting a growing confidence in the company's fundamentals.
In the broader market context, Spacenet's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.36% over the past week. The stock's year-to-date return of -73.86% further highlights its struggles compared to the Sensex's positive 5.60% return. While the company has attractive valuations and a low debt-to-equity ratio, its low return on equity of 4.90% and poor management efficiency raise concerns about its long-term profitability. Overall, while the stock has seen a short-term rise, its long-term performance remains a significant concern, overshadowing the recent positive developments.