Why is Utique Enterp. falling/rising?

As of 03-Jul, Utique Enterprises Ltd is experiencing a price increase, currently at 4.92, reflecting a change of 0.1 or 2.07% upward. The stock has outperformed its sector today by 2.59%, and its delivery volume has risen by 3.17% compared to the 5-day average, indicating increased investor participation. Despite this positive short-term movement, the stock has shown a mixed performance over different periods, with a 1-week return of +2.71% but a significant decline of -31.00% year-to-date and -40.87% over the past year. The company has reported positive results for the last three consecutive quarters, with net sales growing at 125.31%, but it also faces challenges such as weak long-term fundamental strength and decreasing promoter confidence, as promoters have reduced their stake by 0.99%.
In the broader market context, while Utique Enterprises has shown a positive return in the short term, it has underperformed compared to the Sensex, which has gained 3.10% over the past month. The stock's long-term performance is concerning, with a negative return of -40.87% over the last year, contrasting sharply with the Sensex's positive return of 4.07% during the same period. This underperformance, coupled with a low return on equity and high valuation compared to peers, suggests that while there may be short-term gains, the overall outlook remains cautious, reflecting a challenging environment for the stock.