Why is Cyient DLM falling/rising?

As of 17-Jul, Cyient DLM Ltd's stock price is currently at 484.10, reflecting a slight increase of 0.1 (0.02%). The stock has shown a positive trend recently, gaining 2.09% over the last three days, although it has underperformed the benchmark Sensex in the past week with a return of -0.19% compared to the Sensex's -1.12%. Despite a significant drop of -27.53% year-to-date and a -38.17% return over the past year, the company has reported positive results with net sales growing by 27.74% and a low debt-to-equity ratio of 0.21 times, which may contribute to investor confidence. However, the stock's valuation appears expensive with a price-to-book ratio of 4, and its poor long-term growth prospects, indicated by a 19.74% annual growth rate in operating profit over the last five years, could be a concern for potential investors.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a modest gain of 0.83% over the past month, while Cyient DLM has increased by 5.63% in the same period. This suggests that while the stock is experiencing a short-term recovery, it still faces challenges in the long term, as evidenced by its substantial declines over the past year and three years. Additionally, the falling investor participation, with a significant drop in delivery volume, indicates a potential lack of confidence among retail investors, which could hinder sustained upward momentum.