Why is Cyient DLM falling/rising?

As of 16-Jul, Cyient DLM Ltd's stock price is currently at 484.00, reflecting a slight increase of 0.6 (0.12%). The stock has been gaining momentum recently, with a consecutive gain over the last two days resulting in a total return of 2.07%. However, despite this short-term positive movement, the stock has underperformed significantly over the longer term, with a year-to-date decline of 27.54% and a one-year return of -38.19%. The company has shown some positive financial indicators, such as a low debt-to-equity ratio of 0.21 and a notable growth in net sales by 27.74% in the latest six months. However, the overall long-term growth remains poor, with an annual operating profit growth rate of only 19.74% over the past five years, leading to concerns about its valuation.
In the broader market context, Cyient DLM's recent performance contrasts with the benchmark Sensex, which has seen a decline of 1.08% over the past week, while the stock itself has decreased by 0.48% in the same period. This indicates that the stock's short-term performance is relatively better than the market average. Despite the recent gains, the stock's liquidity has been affected by a 27.3% drop in delivery volume compared to the five-day average, suggesting a decrease in investor participation. Furthermore, while institutional holdings are high at 31.03%, indicating confidence from larger investors, the stock's poor long-term performance and high valuation metrics, such as a PEG ratio of 2.2, raise concerns about its sustainability in the face of broader market trends.