Why is Bhansali Engg. falling/rising?

As of 26-Jun, Bhansali Engineering Polymers Ltd is experiencing a price increase, currently at 116.80, reflecting a change of 0.85 (0.73%) upward. The stock has shown a positive trend, gaining for the last four days with a total return of 6.91% during this period. It is performing above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. The stock's delivery volume has increased significantly, indicating rising investor participation. Despite a year-to-date decline of 14.96% and a one-year return of -9.19%, the company has a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 2.9, which may contribute positively to investor sentiment.
In the broader market context, the stock's short-term return of 6.28% over the past week outpaces the Sensex's return of 2.94%, suggesting that Bhansali Engineering Polymers Ltd is performing well relative to the market. However, the company has faced challenges, including poor long-term growth with net sales increasing at an annual rate of only 4.83% over the last five years and underperformance compared to the BSE 500 in various time frames. The low stake held by domestic mutual funds may indicate a lack of confidence in the company's future prospects, which could weigh on its long-term performance despite the recent uptick in price.