Why is Trident falling/rising?

As of 15-Jul, Trident Ltd's stock price is currently at 31.36, reflecting an increase of 0.18 or 0.58%. Today's price summary indicates that the stock has gained after three consecutive days of decline, although it underperformed its sector by 0.76%. In terms of returns, the stock has seen a 2.18% increase over the past month, but it has a year-to-date decline of 6.22% and a significant drop of 16.77% over the past year. Despite these challenges, the company has reported strong financial metrics, including a low Debt to EBITDA ratio of 1.30 times and positive results after five consecutive quarters of losses, which may contribute to the recent uptick in stock price.
Broader market context shows that while Trident has underperformed against the benchmark Sensex over the last year, it has outperformed it in the past month. The Sensex has gained 1.79% in the same period, while Trident's stock has increased by 2.18%. However, the stock's long-term growth prospects appear weak, with net sales growing at an annual rate of only 8.13% over the last five years, and domestic mutual funds holding a minimal stake in the company, indicating potential investor hesitance. This combination of short-term recovery amidst long-term concerns may explain the stock's recent price movement.