Why is Vaibhav Global falling/rising?

As of 01-Sep, Vaibhav Global Ltd's stock price is currently at 217.85, reflecting an increase of 13.35, or 6.53%. Today's performance indicates that the stock has outperformed its sector by 5.97%, reaching an intraday high of Rs 226.4, which is a 10.71% rise. However, despite this positive movement, the stock has shown a decline of 31.55% over the past year and a negative return of 2.88% over the last month. The company has a low Debt to Equity ratio and an attractive valuation with a Price to Book Value of 2.7, but it has also faced challenges such as poor long-term growth, with operating profit declining at an annual rate of -5.36% over the last five years. Additionally, domestic mutual funds hold only a minimal stake in the company, which may indicate a lack of confidence in its future performance.
In the broader market context, Vaibhav Global's short-term return of +1.09% over the past week contrasts with the Sensex, which has declined by 1.56% during the same period. This suggests that the stock is experiencing a relative strength compared to the overall market. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The combination of recent positive price movement and significant long-term underperformance highlights the complexities surrounding investor sentiment and market dynamics for Vaibhav Global Ltd.