Why is Dalmia Bharat falling/rising?

As of 29-Jul, Dalmia Bharat Sugar & Industries Ltd is currently priced at 378.00, reflecting an increase of 4.1 (1.1%). The stock has experienced a trend reversal, gaining after nine consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Despite a recent performance of -9.45% over the past month and -7.42% over the past year, the company has shown strong fundamentals with a low Debt to EBITDA ratio of 1.10 times and a PEG ratio of 0.2, suggesting attractive valuation relative to its peers. Additionally, while the stock's price has fallen, its profits have risen by 48.8%, which may contribute to the recent uptick in price.
In the broader market context, Dalmia Bharat's short-term performance has been worse than the benchmark Sensex, which has declined by only 1.03% over the past week. The stock's recent rise may be seen as a corrective bounce after a prolonged period of underperformance, although investor participation has decreased, as indicated by a 15.7% drop in delivery volume compared to the 5-day average. Overall, while the stock is currently experiencing a slight rise, its longer-term performance remains under pressure compared to both its historical returns and the broader market trends.