Why is Swati Projects falling/rising?

As of 17-Jul, Swati Projects Ltd is experiencing a price increase, currently at Rs 35.18, reflecting a rise of 1.67 or 4.98%. The stock has shown positive momentum recently, gaining 10.21% over the last two days and outperforming its sector by 5.31% today. Despite this short-term gain, the stock has significantly underperformed over the past year, with a staggering decline of 80.71% in returns. The company has a return on equity (ROE) of 4.3 and is trading at a discount compared to its peers, but it has also faced substantial profit declines of 68% over the past year, indicating weak long-term fundamentals.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight increase of 1.91% over the past year. While the stock has gained in the short term, its long-term outlook remains bleak due to operating losses and poor growth metrics, such as a net sales decline of 2.70% annually and an operating profit drop of 45.31%. This suggests that despite the recent uptick in price, the underlying financial health of Swati Projects Ltd continues to raise concerns among investors, contributing to its overall weak performance relative to the market.