Why is Vashu Bhagnani falling/rising?

As of 17-Jul, Vashu Bhagnani Industries Ltd has seen its stock price rise to 86.83, reflecting an increase of 7.89 or 9.99%. Today's price summary indicates that the stock has outperformed its sector by 11.22% and has experienced a trend reversal, gaining after three consecutive days of decline. The stock opened with a significant gain of 7.66% and reached an intraday high of Rs 86.83. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 32.45% and a staggering 73.45% drop over the past year. The company is facing challenges, including operating losses and a significant fall in net sales, which have contributed to its weak long-term fundamental strength.
In the broader market context, while Vashu Bhagnani Industries Ltd has shown a positive movement today, it has still underperformed compared to the benchmark Sensex, which has gained 5.27% year-to-date. The stock's recent rise may be attributed to increased investor participation, as evidenced by a 36.79% rise in delivery volume, but the overall performance remains concerning given the company's financial struggles and negative returns over the past year. This juxtaposition of short-term gains against a backdrop of long-term underperformance highlights the volatility and challenges facing the stock in the current market environment.