Why is DIC India falling/rising?

As of 11-Sep, DIC India Ltd's stock price is currently at Rs 568.00, reflecting an increase of Rs 10.9 or 1.96%. The stock has shown some positive movement today, having gained after two consecutive days of decline, and opened with a significant gap up of 7.65%. Despite this, the stock has underperformed over the past week and month, with returns of -2.41% and -3.29% respectively, and is currently trading 4.93% away from its 52-week low. The company has a low debt-to-equity ratio, but it faces challenges such as poor long-term growth, evidenced by a -32.94% decline in PAT over the last six months and a low return on equity of 3.7. Additionally, domestic mutual funds hold no stake in the company, which may indicate a lack of confidence in its valuation.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.03% over the past week, DIC India’s short-term performance has lagged significantly. The stock's year-to-date performance shows a decline of -14.74%, contrasting sharply with the Sensex's increase of 4.36%. This underperformance is further highlighted by the stock's return of -20.89% over the past year, while the broader market has remained relatively flat with a return of only 0.03%. The high volatility observed today, with an intraday volatility of 5.12%, suggests that investor sentiment remains mixed, reflecting both the stock's recent gains and its overall downward trend in the longer term.