Why is Suumaya Indust. falling/rising?

As of 15-Sep, Suumaya Industries Ltd is experiencing a price increase, currently at Rs. 2.01, reflecting a rise of 0.04 or 2.03%. Despite this short-term uptick, the stock has shown significant underperformance over longer periods, with a 1-month decline of 5.63% and a staggering year-to-date drop of 52.93%. Today's trading activity indicates that the stock has outperformed its sector by 1.73%, but it is also noteworthy that it hit a new 52-week low of Rs. 1.87 earlier today. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength, especially given the negative financial results reported for June 2024, including a net profit decline of 210.58% and a 94.92% drop in net sales.
In the broader market context, Suumaya Industries' recent performance contrasts with the benchmark, as it has generated a 1-week return of 2.03%, outperforming the Sensex's 1.20% gain. However, the stock's long-term trajectory remains troubling, with a consistent underperformance against the benchmark over the last three years, including a 60.43% decline in the past year while the Sensex has only fallen by 1.13%. This persistent underperformance, coupled with the company's lack of recent financial disclosures and significant losses, contributes to a perception of risk among investors, overshadowing the recent price increase.