Why is Bengal & Assam falling/rising?

As of 27-Jun, Bengal & Assam Company Ltd's stock price is rising, currently at Rs 8,298.00, reflecting an increase of Rs 247.0 or 3.07%. The stock has shown strong performance today, outperforming its sector by 2.98% and achieving consecutive gains over the last four days, with an overall return of 8.48% during this period. It reached an intraday high of Rs 8,300, and the stock's delivery volume has significantly increased, indicating rising investor participation. However, despite these positive short-term movements, the company faces challenges with poor long-term growth, as evidenced by a decline in net sales and operating profit over recent quarters, which may temper investor enthusiasm.
In the broader market context, Bengal & Assam's short-term return of 5.04% over the past week outpaces the Sensex's return of 2.00%, suggesting that the stock is performing well relative to the market. However, the company's year-to-date performance remains negative at -10.77%, contrasting with the Sensex's positive return of 7.58%. This divergence highlights the stock's volatility and the impact of its recent negative financial results, which have led to a cautious outlook among investors, as reflected in the low stake held by domestic mutual funds.