Why is Cheviot Company falling/rising?

As of 19-Sep, Cheviot Company Ltd's stock price is currently at 1,209.25, reflecting an increase of 7.25, or 0.6%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It outperformed its sector by 0.4% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, the stock's performance over the past year has been negative, with a return of -14.81%, and profits have decreased by 24.2%. Despite a low debt-to-equity ratio and a fair valuation indicated by a 1.1 price-to-book value, the stock is trading at a premium compared to its peers, which may be contributing to its recent volatility.
In the broader market context, the stock has underperformed relative to the Sensex, with a 1-week return of -0.85% compared to the benchmark's gain of +0.88%. Over the past month, Cheviot Company has only slightly outperformed the benchmark, with a return of +0.10% versus the Sensex's +1.20%. The falling investor participation, indicated by a 28.55% drop in delivery volume against the 5-day average, suggests a decrease in market interest, which could be influencing the stock's price movements. Overall, while there are some positive indicators for Cheviot Company, the broader market performance and declining investor engagement may be contributing to the stock's recent fluctuations.