Why is BMW Industries falling/rising?

As of 25-Jun, BMW Industries Ltd's stock price is currently at 55.39, reflecting an increase of 0.58, or 1.06%. The stock has been gaining momentum, with a consecutive gain over the last two days and an impressive return of 8.31% during this period. It is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, indicating positive short-term momentum, although it remains below the 200-day moving average. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 149.79% compared to the 5-day average. Despite a negative return of -10.14% over the past year, the company has shown a profit increase of 17.7%, and its valuation appears attractive with a PEG ratio of 0.9, suggesting that the stock is trading at a discount compared to its peers.
In the broader market context, BMW Industries has outperformed the benchmark Sensex in the short term, with a 1-week return of +2.78% compared to the Sensex's +1.61%. However, the stock has underperformed over the longer term, particularly in the past year, where it has generated negative returns while the broader market has seen positive growth. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's long-term growth potential, especially given the flat results reported for March 2025 and the low growth rates in net sales and operating profit over the last five years.