Why is Bansal Wire Inds falling/rising?

As of 09-Sep, Bansal Wire Industries Ltd is currently priced at 360.00, reflecting a slight increase of 0.4 (0.11%). The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Over the past week, the stock has decreased by 0.89%, and it has underperformed the benchmark Sensex, which has risen by 1.18%. Despite a significant drop of 21.74% year-to-date, the company has seen an impressive profit increase of 89% over the same period, although its net sales growth has been modest at an annual rate of 13.40% over the last five years. The low debt-to-equity ratio of 0.47 times and attractive valuation with a 3.3 enterprise value to capital employed may provide some support for the stock.
In the broader market context, Bansal Wire Industries Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.56% over the past month and 3.79% year-to-date. The stock's consistent underperformance against the benchmark over the last three years, coupled with a return of -16.34% in the past year, highlights ongoing challenges. While the rising investor participation, indicated by a 40.32% increase in delivery volume, suggests some renewed interest, the overall market sentiment remains cautious due to the company's flat results and poor long-term growth prospects.