Why is A B B falling/rising?

As of 06-Aug, ABB India Ltd's stock price is currently at 5,098.05, reflecting an increase of 13.55, or 0.27%. The stock has shown a trend reversal, gaining after five consecutive days of decline. Despite this uptick, the stock has underperformed in the short term, with a one-week return of -8.22% compared to the Sensex's -1.15%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 2.86% against the five-day average, suggesting some renewed interest. The company's strong long-term fundamentals, including low debt and high profitability, may also contribute positively to investor sentiment.
In the broader market context, ABB India Ltd has significantly underperformed the market over the past year, with a return of -31.75% compared to the BSE500's gain of 0.35%. This stark contrast highlights the challenges the stock faces despite its recent price increase. The company's recent financial performance has raised concerns, with a decline in profit after tax and operating profit margins at their lowest. While the stock's valuation appears expensive relative to its peers, it is trading at a discount compared to historical valuations, which may attract some investors looking for value. Overall, the stock's recent rise is tempered by its longer-term performance and ongoing financial challenges.