Why is Vasudhagama Ent. falling/rising?

As of 21-Jul, Vasudhagama Enterprises Ltd has experienced a price increase, currently standing at 4.50, reflecting a rise of 0.21 or 4.9%. The stock has outperformed its sector today by 4.04% and has shown consecutive gains over the last two days, yielding a total return of 11.11% during this period. However, despite this recent uptick, the stock has faced significant challenges, with a staggering decline of 82.19% over the past year and a poor long-term performance, as indicated by its average Return on Equity (ROE) of 1.5 and a Price to Book Value of 0.2. The stock's operating profit growth has been modest at an annual rate of 9.72%, which contributes to its weak long-term fundamental strength.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has gained 3.21% over the past week while the Sensex has remained nearly flat at -0.06%. Despite this short-term outperformance, the stock's long-term trajectory remains concerning, with a decline of 50.77% year-to-date compared to the Sensex's gain of 5.20%. The falling investor participation, evidenced by a 49.22% drop in delivery volume, further complicates the stock's outlook, indicating potential liquidity issues that could hinder sustained price increases. Overall, while there are short-term gains, the long-term fundamentals and broader market performance suggest a cautious approach to investing in Vasudhagama Enterprises Ltd.