Why is Vakrangee falling/rising?

As of 30-Jun, Vakrangee Ltd's stock price is currently at 10.18, reflecting an increase of 0.48 or 4.95%. The stock has outperformed its sector today by 4.69%, with a notable rise in delivery volume, which increased by 248.01% compared to the 5-day average. Over the past week, the stock has shown a return of +10.05%, while its performance over the last month is +3.88%. Despite these short-term gains, the stock has faced significant long-term challenges, with a year-to-date decline of -70.18% and a one-year return of -55.13%. The company has reported positive results for the last five consecutive quarters, with net sales growing by 24.29% and a highest PAT of Rs 2.54 cr, yet it also faces concerns regarding poor long-term growth and a high valuation relative to its peers.
In the broader market context, the Sensex has increased by 2.09% over the past week, indicating that while Vakrangee is performing well in the short term, it is still underperforming compared to the benchmark over longer periods. The stock's long-term performance has been disappointing, with a three-year return of -57.13% compared to the Sensex's +57.69%. Additionally, the reduction in promoter confidence, as evidenced by a 1.62% decrease in their stake, raises concerns about the company's future prospects. Overall, while recent performance metrics show a positive trend, the stock's long-term outlook remains uncertain, influenced by both its financial results and market sentiment.