Why is Superhouse Ltd falling/rising?

As of 01-Oct, Superhouse Ltd is experiencing a price increase, currently at 175.75, which reflects a rise of 8.25 or 4.93%. The stock has shown strong performance today, outperforming its sector by 6.37% and reaching an intraday high of Rs 180, marking a 7.46% increase. Over the past week, the stock has gained 4.27%, and in the last month, it has surged by 17.52%, contrasting sharply with the Sensex, which has only increased by 0.77%. However, despite this recent uptick, the stock has faced significant challenges, including a substantial decline in profits over the past year, with a return of -22.63% and a staggering -75.1% drop in profits. The company has also reported negative results for the last ten consecutive quarters, indicating ongoing financial struggles.
In the broader market context, Superhouse Ltd's recent performance stands out against the backdrop of the Sensex, which has seen a slight increase of 0.77% over the last month. While the stock has shown positive short-term returns, it has consistently underperformed against the benchmark over the past three years, with a -22.63% return compared to the Sensex's +3.64% year-to-date. This underperformance is compounded by weak long-term fundamentals, including a -10.82% CAGR growth in operating profits over the last five years and a low return on equity of 5.29%. Despite trading at a discount compared to its peers and having a very attractive valuation, the persistent decline in net profits and the falling investor participation suggest that the stock's recent rise may not be sustainable in the long term.