Why is Taylormade Renew falling/rising?

As of 24-Sep, Taylormade Renewables Ltd's stock price is currently at 209.85, reflecting an increase of 5.1 or 2.49%. The stock has been gaining for the last two days, with a total return of 4.82% during this period. It opened with a significant gain of 8.33% today and reached an intraday high of Rs 221.8. Despite these positive movements, the stock has underperformed over the past year, with a return of -50.81%, while the broader market has only declined by -3.77%. The company has a low Debt to Equity ratio and has shown healthy long-term growth in net sales and operating profit, but it also faces challenges such as a flat performance in recent quarters and a high Price to Book Value ratio, which may contribute to investor caution.
Broader Market Context: In the short term, Taylormade Renewables Ltd has outperformed the benchmark Sensex, which has declined by 1.18% over the past week while the stock itself has increased by 0.41%. However, the stock's year-to-date performance shows a significant decline of -36.22%, contrasting with the Sensex's positive return of 4.58%. This disparity highlights the stock's volatility and the market's mixed sentiment towards it, particularly given its substantial drop over the past year compared to the broader market's performance.