Why is Uma Exports falling/rising?

As of 11-Aug, Uma Exports Ltd's stock price is currently at Rs 44.05, reflecting an increase of Rs 1.87 or 4.43%. The stock has recently experienced a trend reversal, gaining after four consecutive days of decline, and it outperformed its sector by 3.08% today. However, the stock has hit a new 52-week low of Rs 39.87 earlier in the day, indicating significant volatility. Over the past week, the stock has declined by 7.61%, and year-to-date, it has plummeted by 60.78%. Despite the recent uptick, the stock's long-term performance remains concerning, with a one-year return of -48.86% and a significant profit drop of 66.6%. The company is also facing operating losses, which contribute to its weak long-term fundamental strength.
In the broader market context, while Uma Exports has shown some short-term recovery, it has underperformed compared to the Sensex, which has only declined by 0.51% over the past week. The stock's performance is further compounded by its lower trading levels compared to various moving averages, indicating a bearish trend. Despite a recent increase in investor participation, the overall sentiment remains cautious due to the company's weak profitability metrics and significant operating losses reported in the latest quarter. This combination of factors suggests that while there may be short-term gains, the long-term outlook for Uma Exports remains challenging.