Why is Supreme Inds. falling/rising?

As of 17-Jul, Supreme Industries Ltd's stock price is currently at 4,254.20, reflecting an increase of 15.85 (0.37%). The stock has been gaining for the last four days, with a total return of 4.1% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 9.65% and a one-year drop of 26.60%. The company has strong long-term fundamentals, evidenced by an average Return on Equity (ROE) of 22.73% and a low Debt to Equity ratio. Nonetheless, it has faced negative results in the last three consecutive quarters, which has contributed to its expensive valuation with a Price to Book Value of 9.5, leading to concerns among investors.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 2.26% over the past week while the Sensex has declined by 1.12%. Despite this recent positive movement, the stock's longer-term performance remains concerning, as it has significantly underperformed the market over the past year, with the BSE500 generating a return of 0.26% compared to Supreme Industries' -26.60%. This underperformance, coupled with falling investor participation and negative quarterly results, suggests that while there may be short-term gains, the overall sentiment towards the stock remains cautious.