Why is Beardsell falling/rising?

As of 03-Jul, Beardsell Ltd's stock price is currently at Rs 29.41, reflecting an increase of Rs 0.45 or 1.55%. Despite this positive movement 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 substantial decline of -100% returns during these periods. The stock's performance over the past year shows a decrease of -23.55%, even as the company's profits have risen by 19.4%, indicating a potential undervaluation with a PEG ratio of 0.6. The stock is trading at a discount compared to its peers, which may attract some investors despite the recent poor performance.
In the broader market context, Beardsell's short-term performance has been less favorable compared to the Sensex, which has seen a slight decline of -0.56% over the past week while Beardsell has dropped by -1.93%. The stock's liquidity appears adequate, but there has been a notable decline in investor participation, with delivery volume falling by -43.81% against the five-day average. This lack of engagement, combined with the stock's erratic trading patterns, suggests that while there may be some positive valuation metrics, the overall market sentiment remains cautious, contributing to the stock's recent struggles.