Why is SPL Industries falling/rising?

As of 14-Jul, SPL Industries Ltd is experiencing a price increase, currently at 42.51, with a change of 0.37, representing a rise of 0.88%. Today's performance indicates that the stock has outperformed its sector by 1.4%. However, the stock has shown erratic trading patterns, not trading on 2 out of the last 20 days. While the stock is trading above its 20-day, 50-day, and 100-day moving averages, it remains below its 5-day and 200-day moving averages. Despite a significant decline in year-to-date returns of -29.04% and a one-year return of -31.21%, there has been a rise in investor participation, with delivery volume increasing by 2.34% against the 5-day average. The company has a low debt-to-equity ratio and a fair valuation, but it is trading at a premium compared to its peers, and its profits have fallen by -16.8% over the past year.
In the broader market context, the stock has underperformed the benchmark, with a one-year return of -31.21% compared to the Sensex's gain of 2.15%. While the stock has shown a positive movement today, its long-term growth prospects are concerning, as net sales have declined at an annual rate of -4.86% and operating profit has decreased by -48.56% over the last five years. The company has reported negative results for the last two consecutive quarters, with significant drops in net sales and profit before tax. This poor performance relative to the market and the company's financial struggles contribute to a cautious outlook for SPL Industries, despite today's slight price increase.