Why is EMS falling/rising?

As of 11-Sep, EMS Ltd's stock price is currently at 565.50, reflecting a slight increase of 0.5 (0.09%). The stock has shown a performance today that outperformed its sector by 0.31% and has gained after three consecutive days of decline. However, despite this recent uptick, the stock has a year-to-date return of -33.47% and has underperformed the benchmark over the last month, with a return of -1.97% compared to the Sensex's +1.17%. The stock's moving averages indicate a mixed trend, being higher than the 5-day and 20-day averages but lower than the longer-term averages, suggesting some volatility. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 67.74% against the 5-day average, which may indicate waning interest among investors.
Broader market context shows that while EMS Ltd has outperformed its sector today, its long-term performance remains concerning, with a -28.42% return over the past year. The company has a low debt-to-equity ratio and healthy long-term growth in net sales, but recent quarterly results have shown declines in profit before tax and profit after tax compared to previous quarters. Furthermore, the stock is trading at a discount compared to its peers, yet domestic mutual funds hold only a small stake, suggesting a lack of confidence in the stock's valuation. Overall, the combination of short-term gains against a backdrop of long-term underperformance and declining investor interest contributes to the mixed outlook for EMS Ltd.