Why is Contil India falling/rising?

As of 25-Jun, Contil India Ltd's stock price is currently at 27.50, showing a slight increase of 0.02 (0.07%). The stock has been gaining for the last two days, with a total return of 1.66% during this period. However, it has underperformed its sector by 0.54% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -10.71%, significantly underperforming the market, which has seen a return of 3.43%. Despite this, the company has shown a profit increase of 78.7%, and its current Price to Book Value of 3.7 indicates a fair valuation compared to peers. However, the stock's weak long-term fundamental strength, reflected in an average Return on Equity (ROE) of 12.95%, raises concerns.
In the broader market context, while the Sensex has gained 1.61% over the past week, Contil India has seen a decline of 6.78%, indicating a significant underperformance relative to the benchmark. The stock's year-to-date performance is also concerning, with a drop of 38.23% compared to the Sensex's gain of 5.91%. The rising investor participation, evidenced by a 125.31% increase in delivery volume, suggests some interest in the stock despite its overall negative performance. This juxtaposition of increasing investor activity against a backdrop of poor returns and weak fundamentals highlights the complexities influencing Contil India's stock price movements.