Why is Cera Sanitary. falling/rising?

As of 09-Sep, Cera Sanitaryware Ltd's stock price is currently at 6,361.00, reflecting an increase of 20.0 points or 0.32%. The stock has been gaining for the last two days, with a total return of 0.63% during this period. It is performing inline with its sector, although it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 16.69% and a one-year return of -27.75%, the company has shown a 7% increase in profits over the past year. The stock's attractive valuation, indicated by a Price to Book Value of 6.1 and a high ROE of 16.16%, along with rising institutional holdings, suggests a positive outlook among certain investors.
In the broader market context, the stock's short-term performance of +0.16% over the past week is notably lower than the Sensex's increase of +1.18% during the same period. While Cera Sanitaryware Ltd has demonstrated some positive movements recently, its long-term growth prospects appear weak, as evidenced by a poor annual growth rate in net sales and negative results reported in June. The stock's underperformance compared to the BSE500 over the last three years, one year, and three months further highlights the challenges it faces in gaining traction in a competitive market.