Why is BEML Ltd falling/rising?

As of 04-Aug, BEML Ltd's stock price is currently at Rs 3,987.35, reflecting an increase of Rs 142.45 or 3.7%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it outperformed its sector by 4.98% today. The stock reached an intraday high of Rs 4,011, which is a 4.32% increase. Despite this positive movement, the stock has experienced a decline of 11.82% over the past month and is down 1.90% year-to-date. The company maintains a low debt-to-equity ratio of 0.18, indicating financial stability, and has demonstrated healthy long-term growth with an annual operating profit increase of 106.60%. Additionally, high institutional holdings at 24.38% suggest confidence from more knowledgeable investors.
In the broader market context, BEML Ltd's short-term performance has been slightly negative, with a 1-week return of -0.06%, while the benchmark Sensex has gained 0.16% in the same period. This indicates that while BEML Ltd is experiencing a positive day, its recent performance has lagged behind the broader market. The stock's liquidity remains adequate for trading, but there has been a decline in investor participation, with delivery volume falling by 5.72% against the 5-day average. Overall, while the stock is currently rising, its longer-term performance relative to the benchmark and recent declines in investor engagement may temper enthusiasm.