Why is Utique Enterp. falling/rising?

As of 26-Aug, Utique Enterprises Ltd's stock price is currently at 5.42, reflecting an increase of 0.02 or 0.37%. The stock has outperformed its sector today by 2.32%, with a notable rise in delivery volume, which increased by 80.68% compared to the 5-day average. Over the past week, the stock has risen by 1.88%, and in the last month, it has gained 4.63%. However, despite these short-term gains, the stock has experienced significant declines over the longer term, with a year-to-date drop of 23.98% and a one-year return of -32.25%. The company has a low return on equity (ROE) of 2.3 and is trading at a premium compared to its peers, which may indicate a fair valuation but also raises concerns about its long-term fundamental strength due to operating losses.
In the broader market context, while the Sensex has shown a slight decline of 1.05% over the past week, Utique Enterprises Ltd's recent performance stands in contrast, suggesting some resilience in the short term. However, the stock's long-term performance has been poor, significantly underperforming the market over the past year, where the BSE500 index returned -3.87%. This disparity highlights the challenges faced by Utique Enterprises Ltd, particularly in light of its operating losses and flat results in recent quarters, which could undermine investor confidence despite the recent uptick in price.