Why is Spandana Sphoort falling/rising?

As of 24-Sep, Spandana Sphoorty Financial Ltd's stock price is currently at 259.05, reflecting an increase of 1.9, or 0.74%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it has outperformed its sector by 0.83% today. Despite this short-term gain, the stock has experienced a significant decline of 56.46% over the past year, with profits plummeting by 432.1%. The company has a negative return on equity of -39.3 and is trading at a discount compared to its peers, indicating a fair valuation with a price-to-book value of 0.7. However, the long-term outlook remains bleak, as the company has reported negative results for the last five consecutive quarters, including a substantial fall in operating profit.
In the broader market context, the stock's one-week performance shows a slight decline of 1.11%, which is better than the benchmark Sensex's drop of 1.18%. Over the past month, Spandana Sphoorty has outperformed the Sensex, gaining 4.39% compared to the benchmark's 0.50% increase. Despite the recent uptick in price and rising investor participation, the overall performance remains underwhelming, particularly in the long term, where the stock has underperformed against the BSE500 over multiple time frames. This combination of short-term gains against a backdrop of poor long-term growth prospects contributes to a complex picture for investors.