Why is Uma Exports falling/rising?

As of 01-Jul, Uma Exports Ltd's stock price is currently at Rs. 54.25, reflecting an increase of Rs. 1.1 or 2.07%. The stock has recently experienced a trend reversal, gaining after four consecutive days of decline. Despite this uptick, the stock has hit a new 52-week low of Rs. 53.05 today. Over the past week, the stock has underperformed significantly, with a return of -8.28%, and it has also seen a substantial decline of -19.07% over the past month. The company's financial performance has been concerning, with profits falling by -66.6% over the past year, contributing to a return of -37.91%. However, it is trading at a discount compared to its peers, which may attract some investors. The stock's weak long-term fundamentals, highlighted by operating losses and low profitability, suggest caution despite the recent price increase.
Broader market context indicates that while Uma Exports has shown a slight recovery today, it has significantly underperformed the benchmark Sensex, which has gained 2.00% over the past week and 2.76% over the past month. The broader market's positive movement contrasts sharply with Uma Exports' negative returns, indicating that the stock's recent rise may not be indicative of a broader trend. The rising investor participation, with a notable increase in delivery volume, suggests some renewed interest, but the overall liquidity and trading below key moving averages indicate ongoing challenges. Thus, while there may be short-term gains, the long-term outlook remains uncertain amidst the company's operational struggles.