Why is Bhansali Engg. falling/rising?

As of 30-Jun, Bhansali Engineering Polymers Ltd is experiencing a price increase, currently at Rs 117.30, reflecting a rise of 1.1 (0.95%). The stock has shown a strong performance today, outperforming its sector by 0.43% and reaching an intraday high of Rs 119.6, which is a 2.93% increase. However, despite this positive movement, the stock has a mixed performance over different periods, with a 1-week return of +5.87% but a 1-month decline of -1.59% and a year-to-date drop of -14.60%. The company maintains a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 2.9, but it has also faced challenges such as poor long-term growth and low domestic mutual fund interest, which may impact investor confidence.
In the broader market context, the stock's recent short-term return of +5.87% over the past week significantly outperformed the Sensex, which only increased by +2.09% during the same period. However, the stock's longer-term performance has been less favorable, with a -9.64% return over the past year compared to the Sensex's +5.79%. This underperformance, combined with flat quarterly results and low investor participation, suggests that while there may be short-term gains, the overall outlook remains cautious due to the company's struggles with growth and market perception.