Why is Action Const.Eq. falling/rising?

As of 21-Aug, Action Construction Equipment Ltd is currently priced at 1,000.00, reflecting a slight increase of 0.4 (0.04%). The stock has shown a positive trend recently, gaining 7.03% over the past week, and has outperformed its sector by 0.29% today. However, it has experienced a significant decline of 12.39% over the past month and a notable drop of 33.60% year-to-date. While the company has a low debt-to-equity ratio and has demonstrated healthy long-term growth in net sales and operating profit, it has also reported flat results in its latest quarter, with the lowest figures for net sales and PBDIT. Additionally, the stock's expensive valuation, indicated by a high price-to-book value, and low domestic mutual fund ownership may contribute to investor caution.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only increased by 1.74% over the past week. Despite the stock's short-term gains, its year-long performance has underperformed the market significantly, with a return of -24.96% compared to the Sensex's positive return of 1.35%. This underperformance, coupled with declining investor participation and liquidity concerns, suggests that while there may be some short-term optimism, the overall sentiment towards the stock remains cautious in light of its longer-term challenges.