Why is Beardsell falling/rising?

As of 01-Jul, Beardsell Ltd's stock price is currently at Rs 29.41, reflecting an increase of Rs 2.42 or 8.97%. Despite this rise today, the stock has been on a downward trend, having fallen every week for the last eight weeks and every month for the last six weeks, resulting in a total return of -100% during these periods. The stock has also underperformed against the Sensex over the past week and month, with returns of -1.93% and -1.04%, respectively. However, today's performance shows a positive shift, as the stock opened with a gain of 2.45% and reached an intraday high of Rs 32.38. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 389.98% against the five-day average. The company has an attractive valuation with a return on capital employed (ROCE) of 14.9 and a PEG ratio of 0.6, indicating that while the stock has struggled over the past year, its profits have increased by 19.4%.
In the broader market context, Beardsell Ltd's recent performance contrasts sharply with the Sensex, which has shown positive returns of +1.99% over the past week and +3.20% over the past month. The stock's year-to-date performance is particularly concerning, with a decline of -26.62% compared to the Sensex's gain of +8.02%. This disparity highlights the challenges Beardsell faces in regaining investor confidence, despite its attractive valuation metrics and rising profits. The stock's liquidity remains adequate for trading, but its consistent underperformance relative to the benchmark suggests that investors may be cautious moving forward.