Why is Vineet Laborator falling/rising?

As of 07-Jul, Vineet Laboratories Ltd is currently priced at 32.55, reflecting an increase of 0.49 or 1.53%. The stock has shown a positive performance today, outperforming its sector by 1.61% and marking a trend reversal after two consecutive days of decline. However, despite this short-term gain, the stock has significantly underperformed over the longer term, with a year-to-date decline of 47.79% and a one-year return of -49.96%. The company has reported negative results for the last four consecutive quarters, indicating weak financial health, with operating losses and a poor ability to service its debt. This has contributed to a perception of risk among investors, leading to a decline in delivery volume and overall investor participation.
In the broader market context, Vineet Laboratories' recent performance contrasts with the benchmark, as it has gained 1.02% over the past week while the Sensex has declined by 0.20%. However, over the past month, the stock's return of 3.37% is still lower than the Sensex's increase of 1.53%. The company's consistent underperformance against the benchmark over the last three years, coupled with its weak long-term fundamental strength, suggests that while there may be short-term fluctuations, the overall outlook remains challenging. The stock's liquidity is adequate for trading, but the underlying financial issues and negative earnings trends continue to pose significant risks.