Why is Dalmia Bharat falling/rising?

As of 14-Aug, Dalmia Bharat Sugar & Industries Ltd is experiencing a price increase, with a current price of 352.65, reflecting a change of 2.55 (0.73%) upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has outperformed its sector by 0.71%, and there has been a slight increase in delivery volume, indicating rising investor participation. However, the stock has underperformed in the longer term, with a 12.90% decline over the past month and an 8.88% drop over the past year. While the company has a strong ability to service debt and has seen a significant profit increase, its long-term growth prospects appear poor, as indicated by a negative annual operating profit growth rate and low domestic mutual fund interest.
In the broader market context, Dalmia Bharat's short-term performance has been relatively better than the benchmark, with a 0.64% gain over the past week compared to a slight decline of 0.03% in the Sensex. However, the stock's year-to-date performance shows a decline of 2.96%, contrasting with a 3.15% increase in the Sensex. This consistent underperformance against the benchmark over the last three years, coupled with the recent flat quarterly results, suggests that investor sentiment may be cautious despite the recent price increase. The stock's valuation appears fair compared to its peers, but the lack of confidence from domestic mutual funds could indicate underlying concerns about its future growth potential.