Why is Vedavaag Systems falling/rising?

As of 04-Sep, Vedavaag Systems Ltd. is currently priced at 39.17, reflecting an increase of 0.17 (0.44%). The stock has shown a strong performance in the short term, with a 1-week return of +8.78% and a 1-month return of +9.02%, outperforming the Sensex, which has seen a return of only +0.80% and -0.37% respectively in the same periods. Today's price summary indicates that the stock has outperformed its sector by 1.24%, and there has been a notable increase in investor participation, with delivery volume rising by 6.72% against the 5-day average. However, despite these positive indicators, the stock has a concerning long-term performance, with a year-to-date return of -39.82% and a one-year return of -40.80%. The stock is trading at a discount compared to its peers, but it also faces challenges such as weak long-term fundamental strength and a high percentage of pledged promoter shares, which could exert downward pressure on its price.
In the broader market context, Vedavaag Systems' recent short-term gains contrast sharply with its long-term underperformance against the benchmark, as it has consistently generated negative returns compared to the BSE500 over the last three years. While the stock has shown some resilience in the short term, the overall market sentiment remains cautious due to its weak fundamentals, including a low return on equity and flat profit growth. The broader market, represented by the Sensex, has performed better in the long term, with a 3-year return of +37.27%, highlighting the challenges Vedavaag Systems faces in regaining investor confidence amidst its historical underperformance.