Why is Bharat Gears falling/rising?

As of 12-Aug, Bharat Gears Ltd's stock price is currently at 86.27, reflecting an increase of 1.1, or 1.29%. Today, the stock has shown a positive trend, gaining after seven consecutive days of decline, and opened with a gain of 2.43%. It reached an intraday high of Rs 87.24. Despite this upward movement, the stock has underperformed in the short term, with a 1-week return of -5.17% and a 1-month return of -3.66%. Additionally, delivery volume has decreased significantly, falling by 45.85% compared to the 5-day average, indicating reduced investor participation. The stock is currently trading above its 100-day moving average but below its shorter-term moving averages.
Broader market context shows that while Bharat Gears has experienced a recent uptick, its performance over the longer term has been disappointing, with a year-to-date decline of 13.16% compared to a 2.68% increase in the Sensex. In the short term, the stock has underperformed the benchmark index, which has only declined by 0.59% over the past week. This context suggests that the recent rise in Bharat Gears' stock price may be a temporary correction rather than a sign of a sustained recovery, especially given the broader trend of declining returns over the past year and three years compared to the benchmark.