Why is Cyient DLM falling/rising?

As of 04-Jul, Cyient DLM Ltd's stock price is currently at 486.05, reflecting an increase of 5.35 (1.11%). The stock has shown positive momentum, gaining for the last three days and achieving a total return of 2.32% during this period. It has outperformed its sector by 1.24% today. Additionally, the stock's performance over the past week has been strong, with a return of +4.25%, although it has underperformed the benchmark Sensex over the last month with a return of +1.12% compared to the Sensex's +3.01%. The company has a low debt-to-equity ratio and has reported positive results, including a significant growth in net sales and a high operating profit to interest ratio, which may contribute to the recent upward price movement.
In the broader market context, while Cyient DLM has shown a positive short-term return, it has significantly lagged behind the benchmark over the longer term, with a year-to-date return of -27.24% compared to the Sensex's +6.77%. This underperformance in the long term, coupled with a high price-to-book value and a relatively low return on equity, suggests that despite recent gains, investor sentiment may still be cautious. The stock's liquidity is adequate, and rising investor participation could indicate growing interest, but the overall poor long-term growth prospects and high valuation metrics may temper enthusiasm among potential investors.