Why is Cyient falling/rising?

As of 04-Aug, Cyient Ltd. is experiencing a price increase, currently at 1,209.10, reflecting a rise of 27.2 points or 2.3%. Today's price summary indicates that the stock has outperformed its sector by 0.68% and has shown a trend reversal after five consecutive days of decline, reaching an intraday high of Rs 1214.25. However, despite this short-term gain, the stock has underperformed in the longer term, with a one-year return of -31.49% and a year-to-date decline of -34.33%. The company's low debt-to-equity ratio and healthy long-term growth in operating profit, which has increased at an annual rate of 21.86%, suggest some positive fundamentals. Nevertheless, the stock's performance has been hindered by negative results reported for June, including the lowest ROCE and debtors turnover ratio, which have contributed to its overall underperformance.
In the broader market context, Cyient's recent short-term performance contrasts with the benchmark Sensex, which has seen a slight increase of 0.16% over the past week. While Cyient's stock has gained today, it has still faced significant declines over the past month and year, indicating a challenging environment. The stock's liquidity is sufficient for trading, with a notable increase in delivery volume, suggesting rising investor participation. However, the high institutional holdings at 57% indicate that these investors are closely monitoring the company's fundamentals, which may influence future price movements. Overall, while there are some positive indicators, the stock's long-term challenges and recent negative performance metrics continue to weigh heavily on investor sentiment.