Why is Spenta Intl. falling/rising?

As of 17-Jul, Spenta International Ltd's stock price is currently at 125.70, reflecting an increase of 1.75, or 1.41%. The stock has been gaining for the last two days, resulting in a total return of 6.53% during this period. Despite a recent underperformance over the past week with a decline of 1.64%, the stock has shown a positive return of 1.37% over the last month. The company's positive financial results over the last three consecutive quarters, including a significant growth in net sales and a higher profit after tax, contribute to its recent price movement. However, the stock's long-term fundamental strength is weakened by a negative CAGR growth in operating profits over the last five years and a low return on equity, which may temper investor enthusiasm.
In the broader market context, the Sensex has experienced a decline of 1.12% over the past week, indicating that the stock's short-term performance is relatively better than the benchmark. While Spenta International's year-to-date performance shows a significant drop of 20.94%, its one-year return of 9.30% outpaces the Sensex's 1.91% return. This suggests that, despite some challenges, the stock is still perceived positively in the context of its recent financial performance compared to the overall market. However, the falling investor participation and liquidity concerns may pose risks to its continued upward momentum.