Why is Symphony falling/rising?

As of 18-Aug, Symphony Ltd. is experiencing a price increase, currently at Rs 978.70, which reflects a rise of Rs 26.55 or 2.79%. Today's price summary indicates that the stock opened with a gain of 2.41% and reached an intraday high of Rs 988, marking a 3.77% increase. However, despite this positive movement, the stock has underperformed its sector by 2.74% and is still 4.06% away from its 52-week low. Over the past week, Symphony has shown a modest gain of 1.40%, but it has significantly underperformed in the longer term, with a 1-year return of -41.96%. The company has a high management efficiency with a return on equity (ROE) of 16.86% and a low debt-to-equity ratio, which suggests a fair valuation compared to peers. However, the stock's performance has been hindered by a substantial decline in net sales and profits over the past year.
In the broader market context, Symphony's short-term performance of +1.40% over the past week contrasts with the Sensex's gain of 0.83%, indicating that while the stock is rising, it is doing so at a rate that is better than the benchmark. However, the stock's long-term performance remains concerning, with a year-to-date decline of -27.19% compared to the Sensex's increase of 4.01%. This underperformance is compounded by a significant drop in net sales and profits, which has raised concerns about the company's growth prospects. Overall, while there is a short-term upward movement in Symphony's stock price, the long-term outlook remains bleak due to poor financial performance and market conditions.