Why is Birla Precision falling/rising?

As of 08-Aug, Birla Precision Technologies Ltd is experiencing a price increase, with its current price at 43.00, reflecting a change of 0.45 or 1.06% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this positive movement today, the stock has underperformed over the past month, down 3.39%, and has a year-to-date decline of 30.96%. Additionally, the stock's delivery volume has significantly decreased by 75.77% compared to the five-day average, indicating falling investor participation. The stock is currently trading above its 100-day moving average but below its shorter-term moving averages, suggesting mixed signals in its price trend.
In the broader market context, the stock has outperformed the Sensex sector by 1.93% today, contrasting with the benchmark's decline of 0.92% over the past week. While the stock has shown some resilience in the short term, its longer-term performance remains concerning, with a 48.88% drop over the past year compared to the Sensex's modest gain of 1.23%. This disparity highlights the challenges faced by Birla Precision in maintaining investor confidence amid broader market conditions.