Why is Updater Services falling/rising?

As of 25-Aug, Updater Services Ltd is experiencing a price increase, currently at 263.35, reflecting a rise of 7.4 or 2.89%. The stock has shown a strong performance today, outperforming its sector by 2.55% and achieving a consecutive gain over the last three days, with a total return of 7.07% during this period. Despite a decline of 6.45% over the past month and a significant drop of 30.55% year-to-date, the company has demonstrated healthy long-term growth with an annual operating profit increase of 32.37%. Additionally, it has a low debt-to-equity ratio and a favorable valuation with a Price to Book Value of 1.8, indicating that the stock is trading at a discount compared to its peers. However, the stock has faced challenges, including flat results in June and a decrease in institutional investor participation.
In the broader market context, the stock's short-term return of 3.27% over the past week significantly outpaces the Sensex, which has only increased by 0.45% during the same period. Despite this recent uptick, the stock has consistently underperformed against the benchmark over the last three years, with a one-year return of -27.32% compared to the Sensex's 0.68%. The decline in institutional investor stakes, which have decreased by 1.61%, adds to the concerns regarding the stock's long-term performance, as these investors typically have more resources to analyze company fundamentals. Overall, while the recent price movement is positive, the stock's historical performance and current investor sentiment present a mixed outlook.