Why is Deepak Nitrite falling/rising?

As of 11-Sep, Deepak Nitrite Ltd. is currently priced at 1,751.00, reflecting an increase of 12.6 (0.72%). The stock has shown a trend reversal, gaining after three consecutive days of decline, and has outperformed its sector by 0.86%. However, it remains close to its 52-week low, just 1.05% away from 1,732.7. Over the past week, the stock has seen a slight increase of 0.11%, but it has underperformed significantly over the longer term, with a year-to-date decline of 29.85% and a one-year return of -40.02%. The company benefits from high management efficiency, a low debt-to-equity ratio, and substantial institutional holdings, which may support its price. However, the stock's poor long-term growth, negative quarterly results, and high valuation compared to peers raise concerns that could be influencing investor sentiment.
In the broader market context, the stock's recent performance has been relatively weak compared to the benchmark Sensex, which has gained 1.03% over the past week. While Deepak Nitrite's short-term performance shows a slight uptick, its longer-term returns are significantly lagging behind the benchmark, which has increased by 4.36% year-to-date. This disparity highlights the challenges the company faces in regaining investor confidence, especially given its underperformance over the past three years compared to the broader market.