Why is BirlaNu Ltd falling/rising?

As of 05-Sep, BirlaNu Ltd's stock price is currently at 1,955.00, reflecting an increase of 8.8 (0.45%). The stock has shown a positive performance today, outperforming its sector by 0.6%, and reached an intraday high of Rs 2010, which is a rise of 3.28%. However, despite this short-term gain, the stock has experienced a decline of 1.83% over the past month and a significant drop of 21.86% year-to-date. The recent increase in delivery volume by 22.19% indicates rising investor participation, particularly from institutional investors who have increased their stake by 0.67%. Nevertheless, the company has reported negative results for the last 15 consecutive quarters, with operating profit declining at an alarming rate of -196.44% over the past five years, contributing to a perception of risk among investors.
In the broader market context, BirlaNu Ltd's short-term return of +4.60% over the past week significantly outperforms the benchmark Sensex, which has only increased by 1.13% in the same period. However, the stock's long-term performance remains concerning, with a year-to-date decline of -21.86% compared to the Sensex's modest gain of +3.29%. This consistent underperformance against the benchmark over the last three years, coupled with the company's negative operating profits and declining profitability, raises questions about its long-term viability, despite some positive short-term movements.