Why is Bodhi Tree falling/rising?

As of 30-Jun, Bodhi Tree Multimedia Ltd's stock price is currently at 8.18, reflecting an increase of 0.39 or 5.01%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Today's performance indicates that it has outperformed its sector by 4.54%. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 0.37%, while it has seen a 3.28% rise over the past month. However, it has significantly underperformed on a year-to-date basis with a decline of 16.11% and a staggering 44.55% drop over the past year. The company has reported strong growth in net sales, with a 44.59% annual growth rate, and has declared positive results for the last two consecutive quarters, which may contribute to the recent uptick in stock price.
In the broader market context, the Sensex has risen by 2.09% over the past week and 2.65% over the past month, indicating a stronger performance compared to Bodhi Tree's short-term returns. While the stock's recent gains are notable, its year-to-date performance remains weak in comparison to the benchmark, which has increased by 7.00% during the same period. The rising investor participation, evidenced by a 146.83% increase in delivery volume, suggests growing interest in the stock, despite its overall negative returns over the past year. The stock's fair valuation and discount compared to peers may also attract investors looking for long-term growth potential, despite its current volatility.