Why is BMW Industries falling/rising?

As of 24-Jun, BMW Industries Ltd's stock price is currently at Rs 54.81, reflecting an increase of Rs 3.67, or 7.18%. Today's performance indicates a trend reversal as the stock has gained after six consecutive days of decline. It has outperformed its sector by 6.69% today, reaching an intraday high of Rs 55.99. However, the stock's weighted average price shows that more volume was traded closer to its low price, and there has been a notable decrease in investor participation, with delivery volume falling by 23.67% against the five-day average. Despite a year-to-date return of 2.33%, the stock has underperformed over the last year with a decline of 13.82%, even as profits have risen by 17.7%. The company has a very attractive valuation with a ROCE of 12.2 and a PEG ratio of 0.9, but it faces challenges such as poor long-term growth and low domestic mutual fund interest, which may affect investor confidence.
In the broader market context, BMW Industries has shown a short-term return of 1.18% over the past week, outperforming the Sensex, which has increased by 0.58% in the same period. However, the stock's one-year performance is concerning, as it has significantly lagged behind the market, which has generated a return of 2.98%. This underperformance, coupled with flat results in recent quarters and low domestic mutual fund holdings, suggests that while there may be some positive momentum in the short term, the overall market sentiment towards the stock remains cautious.