Why is Vakrangee falling/rising?

As of 01-Jul, Vakrangee Ltd's stock price is currently at 10.33, reflecting an increase of 0.15 or 1.47%. The stock has shown a strong performance recently, having outperformed its sector by 1.97% today and achieving consecutive gains over the last two days, resulting in a total return of 6.49% during this period. Additionally, the stock has seen a significant increase in investor participation, with delivery volume rising by 125.55% compared to the 5-day average. Despite these positive short-term indicators, the company faces challenges, including a long-term decline in net sales and operating profit over the past five years, which raises concerns about its future growth potential. Moreover, a decrease in promoter confidence, evidenced by a reduction in their stake, adds to the uncertainty surrounding the stock.
In the broader market context, Vakrangee's short-term return of 9.54% over the past week significantly outpaces the Sensex's return of 2.00% during the same period. However, it is important to note that the stock has underperformed over the longer term, with a year-to-date decline of 69.74% compared to the Sensex's gain of 7.11%. This stark contrast highlights the stock's volatility and the challenges it faces in regaining investor confidence, despite recent positive performance metrics.