Why is CIE Automotive falling/rising?

As of 12-Sep, CIE Automotive India Ltd is experiencing a price increase, currently at 405.00, which reflects a rise of 4.85 or 1.21%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It outperformed its sector by 0.64% and reached an intraday high of Rs 409.8. Despite this positive movement, the stock has shown a year-to-date decline of 13.96% and a significant one-year drop of 28.06%. The company's low debt-to-equity ratio of 0.10 times and healthy long-term growth, with operating profit increasing at an annual rate of 34.67%, contribute positively to its valuation. However, the stock's profits have fallen by 8.7% over the past year, and the recent decrease in delivery volume by 61.08% against the five-day average indicates falling investor participation.
In the broader market context, CIE Automotive's short-term return of 2.03% over the past week outperformed the Sensex, which increased by 1.48%. However, the stock has underperformed the market over the past year, with a return of -28.06% compared to the Sensex's decline of only 1.28%. High institutional holdings at 25.68% suggest that more knowledgeable investors are backing the stock, but the flat results reported in June and a low debtors turnover ratio may raise concerns among investors. Overall, while the stock is currently rising, its longer-term performance and recent declines in profitability could temper investor enthusiasm.