Why is Vashu Bhagnani falling/rising?

As of 08-Jul, Vashu Bhagnani Industries Ltd is currently priced at 89.95, reflecting an increase of 0.5 (0.56%). The stock has shown a slight positive movement, gaining for the last two days with a total return of 1.07% during this period. However, it is important to note that the stock is still trading lower than all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Despite today's performance, the stock has significantly underperformed in the longer term, with a year-to-date decline of 30.03% and a staggering 66.67% drop over the past year. The company's financial health is concerning, as it has reported operating losses and a substantial decline in net sales by 79.85%, leading to a very weak long-term fundamental strength. Additionally, the stock's return on equity is low at 4.6, indicating expensive valuation relative to its peers.
In the broader market context, while the Sensex has shown a slight increase of 0.02% over the past week, Vashu Bhagnani's stock has declined by 1.63% during the same period, highlighting its underperformance compared to the benchmark. The stock's liquidity appears to be diminishing, with a significant drop in delivery volume by 76.83% against the 5-day average, which may further contribute to its price volatility. Overall, the combination of weak financial results, declining investor participation, and poor performance relative to the market suggests that the stock's recent rise is not indicative of a strong recovery, but rather a minor uptick amidst ongoing challenges.