Why is Spandana Sphoort falling/rising?

As of 22-Aug, Spandana Sphoorty Financial Ltd's stock price is currently at 248.15, reflecting an increase of 2.8, or 1.14%. The stock has outperformed its sector today by 1.58%, although it is trading higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent 1-week return of +2.80%, the stock has significantly underperformed over the longer term, with a 1-month return of -18.64% and a staggering -60.26% over the past year. The company has been facing challenges, including a negative return on equity of -39.3% and a substantial decline in profits by -432.1% over the last year, which has contributed to its poor performance. Additionally, the stock is trading at a discount compared to its peers, but the high institutional holdings at 25.45% indicate some level of confidence from more sophisticated investors.
In the broader market context, the Sensex has shown a modest gain of +0.88% over the past week, highlighting that while Spandana Sphoorty has experienced a short-term rise, it remains significantly behind the benchmark in terms of longer-term performance. The stock's substantial declines over the past year and three years, where it has returned -60.26% and -49.62% respectively, contrast sharply with the Sensex's positive performance of +4.05% year-to-date and +38.34% over three years. This disparity suggests that while there may be short-term fluctuations, the overall sentiment towards Spandana Sphoorty remains negative, driven by its ongoing financial struggles and poor growth outlook.