Why is Wendt India falling/rising?

As of 08-Jul, Wendt India Ltd's stock price is currently at 9,633.00, reflecting a slight increase of 8.0 (0.08%). The stock has shown a positive trend recently, gaining 3.92% over the last three days, although it underperformed its sector by 0.66% today. In terms of returns, the stock has performed well in the short term with a 4.98% increase over the past week and a 12.23% rise over the past month. However, it has faced significant challenges over the longer term, with a year-to-date decline of 41.55% and a one-year drop of 38.25%. The company has a high management efficiency with a return on equity (ROE) of 16.47%, but it also has a very expensive valuation with a price-to-book value of 7.9, which may deter some investors.
In the broader market context, Wendt India's recent performance contrasts with the Sensex, which has only increased by 0.02% over the past week. While the stock has shown some resilience in the short term, the overall trend indicates a below-par performance in both the long and near term, as evidenced by its negative returns over the past year and three years. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume by 46.21% against the five-day average suggests a decline in investor participation, which could further impact its price movement negatively.