Why is Veeram Securit. falling/rising?

As of 17-Sep, Veeram Securities Ltd is currently priced at Rs 8.25, reflecting an increase of Rs 0.22 or 2.74%. The stock has shown a positive performance today, outperforming its sector by 3.26%. It is currently trading 4.85% above its 52-week low of Rs 7.85. Despite this short-term gain, the stock has experienced a significant decline of 28.07% over the past year and a staggering 62.63% over the last three years. While the company has a relatively attractive valuation with a Price to Book Value of 2.6 and a Return on Equity of 16.1%, it has also faced challenges such as weak long-term fundamental strength and a negative growth rate in operating profits over the last five years.
In the broader market context, Veeram Securities Ltd's short-term return of 2.61% over the past week has outperformed the Sensex, which gained 1.56% in the same period. However, the stock's long-term performance remains concerning, with a year-to-date decline of 16.67% compared to the Sensex's increase of 5.83%. The company's ability to service its debt is weak, and it has consistently underperformed against the benchmark over the last three years. This combination of short-term gains amidst long-term struggles indicates that while there may be some positive momentum, significant underlying issues continue to affect investor sentiment.