Why is Vikram Thermo falling/rising?

As of 30-Jun, Vikram Thermo (India) Ltd's stock price is currently at 161.50, reflecting an increase of 1.6, or 1.0%. The stock has shown a positive trend recently, gaining 2.96% over the last three days and outperforming its sector by 0.48%. However, despite this short-term gain, the stock has underperformed over the past month with a decline of 5.28%, and a year-to-date drop of 7.71%. The company has a low Debt to Equity ratio of 0.03, and its operating profit has grown at an annual rate of 33.57%, indicating potential for long-term growth. Nonetheless, the recent quarterly results show a significant decline in profit after tax by 54.6% compared to the previous quarter average, and the net sales are at their lowest, which raises concerns about the company's current performance.
Broader market context indicates that while Vikram Thermo has outperformed the sector recently, it has lagged behind the benchmark Sensex, which has gained 2.09% over the past week. The stock's performance over the last year has been disappointing, with a return of -7.29% compared to the market's positive return of 5.79%. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in the stock's valuation, especially since it is trading at a premium compared to its peers. This combination of short-term gains amidst long-term underperformance and investor hesitance contributes to the mixed outlook for Vikram Thermo's stock price.