Why is Bombay Oxygen falling/rising?

As of 15-Sep, Bombay Oxygen Investments Ltd is currently priced at Rs 25,996.00, reflecting an increase of Rs 76.0 or 0.29%. The stock has shown a positive trend recently, gaining 2.74% over the last two days, although it underperformed its sector by 0.46% today. Despite this short-term gain, the stock has had a challenging year, with a year-to-date decline of 12.03% and a significant drop of 24.19% over the past year. The company's financial performance has been concerning, with net sales and profit after tax both experiencing substantial declines of 64.79% and 66.42%, respectively, over the latest six months. Additionally, the stock's valuation appears expensive relative to its peers, trading at a premium compared to average historical valuations.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has gained 1.24% over the past week. While the stock has shown some resilience in the short term, its long-term performance remains weak, particularly given the significant drop in profits and the negative return of 24.19% over the past year compared to the market's decline of only 1.33%. The falling investor participation, indicated by a 57.75% drop in delivery volume, further suggests a lack of confidence among investors, which could contribute to the stock's volatility and overall downward pressure in the longer term.