Why is Ultracab India falling/rising?

As of 12-Sep, Ultracab (India) Ltd's stock price is currently at 9.66, reflecting a rise of 0.05 or 0.52%. The stock has been gaining for the last two days, with a total return of 1.58% during this period. However, despite this short-term positive movement, the stock has shown a significant decline of 44.02% over the past year and has underperformed against the benchmark consistently for the last three years. The company has experienced a decrease in investor participation, with delivery volume falling by 28.54% compared to the five-day average. While the company has reported healthy long-term growth with a 31.42% annual increase in net sales and an attractive valuation, the recent flat results and low operating profit margins indicate underlying challenges that may be affecting investor sentiment.
In the broader market context, Ultracab's short-term performance of +1.79% over the past week outpaces the Sensex's gain of +1.48%, suggesting some relative strength in the stock recently. However, the stock's year-to-date performance of -40.71% starkly contrasts with the Sensex's positive return of +4.82%, highlighting a significant underperformance in the longer term. This disparity indicates that while there may be some short-term recovery, the overall market perception remains cautious due to the company's historical performance and recent financial results.