Why is Urja Global falling/rising?

As of 19-Aug, Urja Global Ltd's stock price is currently at 13.75, reflecting an increase of 0.43 or 3.23%. The stock has shown positive momentum recently, gaining for the last two consecutive days with a total return of 5.36% during this period. Additionally, it has outperformed its sector by 2.93%. Despite this short-term gain, the stock has experienced a decline of 9.36% over the past month and a significant drop of 37.92% over the last year. The company has reported positive results for the last four consecutive quarters, with net sales higher at Rs 56.39 crore and the highest profit after tax of Rs 0.50 crore, but it also faces challenges such as weak long-term fundamental strength and a declining return on equity.
In the broader market context, Urja Global's short-term performance of +2.23% over the past week has outpaced the Sensex, which has risen by 1.76% during the same period. However, the stock's long-term performance remains concerning, with a year-to-date decline of 18.74% compared to a 4.49% increase in the Sensex. The company's decreasing promoter stake by 0.78% may indicate reduced confidence in its future prospects, further complicating its market position. Overall, while there are some positive short-term indicators, the stock's long-term outlook is hindered by weak fundamentals and declining investor confidence.