Why is Tamboli Industri falling/rising?

As of 26-Jun, Tamboli Industries Ltd is currently priced at 174.75, reflecting an increase of 0.75, or 0.43%. The stock has been gaining for the last two days, resulting in a total return of 4.39% during this period. However, it has underperformed its sector by 0.9%. In terms of longer-term performance, the stock has generated a return of 36.63% over the past year, significantly outperforming the BSE 500's return of 4.11%. Positive factors contributing to this rise include the company's highest net sales and cash equivalents reported in the latest quarter, alongside a fair valuation indicated by a Price to Book Value of 1.5. Conversely, concerns about weak long-term fundamental strength, with an average Return on Equity of 9.83% and modest growth in net sales, may temper investor enthusiasm.
Broader market context shows that while Tamboli Industries has experienced a notable short-term gain of 12.02% over the past week, it has still seen a decline of 1.22% over the past month, contrasting with the Sensex's gain of 1.92% in the same timeframe. The stock's performance is also characterized by a significant drop in delivery volume, which fell by 54.97% against the 5-day average, indicating a potential decrease in investor participation. Despite the recent price increase, the overall market sentiment may be cautious due to the company's long-term growth prospects, which remain weak compared to its historical performance and peer valuations.