Why is Cyient falling/rising?

As of 12-Aug, Cyient Ltd. is experiencing a price increase, currently at 1,174.30, reflecting a rise of 14.4 or 1.24%. Despite this uptick, the stock has shown a negative performance trend over the past week and month, with declines of 2.74% and 7.25%, respectively. The stock has outperformed its sector today by 0.96% and has gained after five consecutive days of decline. However, it is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the delivery volume has significantly decreased, falling by 58.05% against the five-day average, suggesting reduced investor participation. While the company maintains a low debt-to-equity ratio and has shown healthy long-term growth in operating profit, it has also faced challenges, including a substantial drop in profits over the past year.
In the broader market context, Cyient's short-term performance has been notably weaker compared to the benchmark, with a one-week return of -2.74% against the Sensex's -0.59%. This underperformance is part of a larger trend, as the stock has generated a return of -29.56% over the past year, while the Sensex has increased by 0.74%. The company's high institutional holdings at 57% may provide some stability, as these investors typically have better resources to analyze fundamentals. However, recent negative results, including the lowest recorded ROCE and debtor turnover ratio, contribute to a perception of underperformance in both the near and long term, reinforcing the cautious sentiment surrounding the stock.