Why is Bharat Gears falling/rising?

As of 17-Sep, Bharat Gears Ltd is currently priced at 96.73, reflecting an increase of 0.31 (0.32%). The stock has outperformed its sector today by 0.36%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant decline in investor participation, with delivery volume dropping by 73.12% compared to the 5-day average. Despite a year-to-date decline of 2.63% and a 1-year return of -9.77%, the company has shown positive financial results, including a 191.2% growth in profit after tax and record net sales of Rs 179.80 crore. The stock is considered to have an attractive valuation, trading at a discount compared to its peers, which may support its recent price movement.
In the broader market context, Bharat Gears' short-term performance over the past week shows a decline of 0.36%, while the benchmark Sensex has increased by 1.56%. This indicates that the stock is underperforming relative to the broader market in the short term. However, over the past month, Bharat Gears has seen a positive return of 10.69%, which is better than the Sensex's 2.60% increase, suggesting some recovery potential. The contrasting performance metrics highlight the stock's volatility and the challenges it faces in gaining consistent investor confidence amidst fluctuating participation levels.