Why is WSFX Global falling/rising?

As of 29-Aug, WSFX Global Pay Ltd is experiencing a price increase, with its current price at Rs 60.50, reflecting a change of 0.54 or 0.9% upward. Despite this recent uptick, the stock has shown a significant decline over the past year, with a return of -46.10%, while its profits have decreased by -48.6%. The stock is currently trading 3.55% above its 52-week low and has outperformed its sector by 1.56% today. However, it is trading below all key moving averages, indicating a bearish trend. The stock's attractive valuation, with a Price to Book Value of 2.1 and a Return on Equity (ROE) of 7.1, suggests it is undervalued compared to peers, but the weak long-term fundamentals and negative quarterly results raise concerns about its sustainability.
In the broader market context, WSFX Global has underperformed the benchmark, with a one-year return of -46.10% compared to the BSE500's -5.40%. The stock's short-term performance has been notably poor, with a 1-month return of -10.22% against the Sensex's -1.88%. This stark contrast highlights the challenges the company faces in regaining investor confidence, despite a recent increase in trading volume, which indicates rising investor participation. Overall, while the stock has seen a slight rise today, the long-term outlook remains weak due to significant declines in profitability and market performance.