Why is Swastika Investm falling/rising?

As of 15-Jul, Swastika Investmart Ltd's stock price is currently at 130.25, reflecting an increase of 0.45 (0.35%). The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.04%. However, it has underperformed its sector by 0.46% today. In terms of longer-term performance, the stock has experienced a decline of 18.85% over the past year, despite a significant increase in profits by 61.9%. The company's strong long-term fundamentals, indicated by an average Return on Equity (ROE) of 19.23% and a healthy operating profit growth rate of 37.73%, contribute positively to its valuation. Additionally, rising promoter confidence, with a 4.86% increase in their stake, suggests optimism about the company's future.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has underperformed the Sensex, which has returned -1.36% over the past week while the stock itself has declined by 0.61%. Despite the recent gains, the stock's year-to-date performance remains significantly negative at -27.60%, compared to the Sensex's positive return of 5.67%. This underperformance over the longer term, combined with recent declines in quarterly profits and net sales, indicates that while there are positive indicators, the stock faces challenges that may impact investor sentiment and overall market performance.