Why is Transcorp Intl. falling/rising?

As of 05-Sep, Transcorp International Ltd is currently priced at 24.00, reflecting an increase of 0.31 or 1.31%. Today's performance indicates that the stock has outperformed its sector by 0.78%, marking a trend reversal after two consecutive days of decline. While the stock is trading above its 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.04%, but it has underperformed over the last month with a decline of 0.25%. Notably, the stock has experienced a significant drop of 35.38% over the past year, coinciding with a substantial profit decrease of 91.8%. Despite these challenges, the recent increase in promoter stake by 0.68% signals rising confidence in the company's future.
In the broader market context, the Sensex has increased by 1.13% over the past week, indicating that while Transcorp International Ltd has shown some short-term recovery, it is still lagging behind the benchmark. The stock's year-to-date performance is notably poor, with a decline of 23.81% compared to the Sensex's gain of 3.29%. Additionally, the stock's long-term fundamentals are weak, with a low average return on equity and negative sales growth, which may contribute to investor caution despite the recent uptick in price. Overall, while there are signs of short-term recovery and increased promoter confidence, the long-term outlook remains concerning, which could influence future price movements.