Why is Suyog Telematics falling/rising?

As of 02-Jul, Suyog Telematics Ltd is experiencing a price increase, currently at 888.00, reflecting a rise of 8.0 (0.91%). The stock has shown a performance today that outperformed its sector by 0.77%, with a narrow trading range of Rs 6.5. Over the past week, the stock has gained 1.02%, and over the past month, it has risen significantly by 10.58%. However, despite these short-term gains, the company has faced challenges, including a poor long-term growth outlook, with net sales growing at an annual rate of only 9.50% and operating profit at 6.15% over the last five years. Additionally, the company reported negative results in March, with a PAT of Rs -13.78 crore, indicating a substantial decline of -187.7%.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.79% over the past week, Suyog Telematics has outperformed in the short term. However, it is important to note that the stock has significantly underperformed over the past year, generating a return of -21.20% while the broader market has returned 5.00%. This long-term underperformance, coupled with a very expensive valuation and declining profits, suggests that while there may be short-term upward movements, the overall outlook for Suyog Telematics remains concerning.