Why is Bhansali Engg. falling/rising?

As of 25-Jun, Bhansali Engineering Polymers Ltd is experiencing a price increase, with its current price at Rs 115.95, reflecting a rise of Rs 3.95 or 3.53%. The stock has shown positive momentum, gaining for the last three consecutive days and achieving a total return of 6.13% during this period. It has outperformed its sector by 2.14% today and reached an intraday high of Rs 116. Despite this short-term gain, the stock has a mixed performance over longer periods, with a year-to-date decline of 15.58% and a one-year return of -8.17%. The company has a low debt-to-equity ratio and an attractive valuation, but its long-term growth prospects are hindered by slow net sales growth and poor recent financial results.
In the broader market context, the stock's short-term return of 2.34% over the past week outperformed the Sensex, which gained 1.61% in the same timeframe. However, the stock has underperformed the benchmark over longer periods, including the last year and three years. The falling investor participation, indicated by a 6.45% decline in delivery volume against the five-day average, raises concerns about liquidity and investor confidence. Additionally, the low stake held by domestic mutual funds may suggest a lack of comfort with the stock's valuation or business outlook, further contributing to its underperformance in the long term.