Why is DIC India falling/rising?

As of 16-Jul, DIC India Ltd's stock price is currently at 614.00, reflecting a rise of 2.0 (0.33%). The stock has outperformed its sector by 0.48% today and has shown consecutive gains over the last two days, accumulating a total return of 1.14%. However, despite this short-term positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in its overall trend. Over the past year, the stock has generated a return of 14.42%, significantly outperforming the market benchmark (BSE500) which returned only 0.47%. Nevertheless, the company has faced challenges, including a decline in net sales growth and a significant drop in quarterly profits, which may contribute to investor caution.
In the broader market context, DIC India's recent performance contrasts with the benchmark's slight decline of 1.08% over the past week, while the stock has experienced a smaller decline of 0.97%. This suggests that while the stock is currently gaining, its long-term growth prospects appear limited due to poor sales growth and low investor participation, as indicated by a 5.63% drop in delivery volume. Additionally, the lack of domestic mutual fund investment may signal a lack of confidence in the stock's valuation, which is considered expensive relative to its earnings. Overall, while the stock shows some short-term strength, the underlying fundamentals and market sentiment may be contributing to a cautious outlook.