Why is Vama Industries falling/rising?

As of 10-Jul, Vama Industries Ltd is experiencing a slight increase in its stock price, currently at 6.79, reflecting a change of 0.05 or 0.74% upward. The stock has shown a performance inline with its sector, gaining for the last two consecutive days with a total return of 3.98% during this period. However, despite this recent uptick, the stock has a mixed performance history, with a decline of 1.59% over the past week and a significant drop of 42.55% over the last year. The company has reported strong growth in net sales and profits, with a 275% increase in net sales and a 133.6% rise in profits over the past year, which may contribute positively to investor sentiment. Nonetheless, the stock's long-term fundamentals are weak, indicated by a -7.70% CAGR growth in operating profits over the last five years and a low return on equity, which could temper enthusiasm.
In the broader market context, Vama Industries' recent performance contrasts with the benchmark Sensex, which has only seen a minor decline of 0.06% over the past week. While the stock has outperformed the benchmark in the short term, its year-to-date performance remains concerning, with a drop of 24.22% compared to the Sensex's gain of 6.46%. The stock's liquidity appears adequate for trading, but falling investor participation, as evidenced by a significant drop in delivery volume, raises concerns about sustained interest. Additionally, the presence of pledged promoter shares may exert downward pressure on the stock, especially in a declining market, further complicating its recovery prospects.