Why is Escorts Kubota falling/rising?

As of 18-Jul, Escorts Kubota Ltd's stock price is currently at 3,406.10, reflecting a decrease of 3.9 points or 0.11%. The stock has experienced a trend reversal, falling after three consecutive days of gains. Despite this recent decline, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer period. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 52.33% compared to the 5-day average. However, the company has reported flat results for the quarter ending March 25, with a significant drop in profit before tax and net sales compared to previous averages, contributing to a negative sentiment around the stock.
In the broader market context, while Escorts Kubota has shown a 3.33% gain over the past week, the benchmark Sensex has declined by 0.90%, indicating that the stock is outperforming the market in the short term. However, over the past year, Escorts Kubota has underperformed significantly with a return of -14.74%, compared to a slight gain of 0.51% for the Sensex. This underperformance, coupled with an expensive valuation reflected in its price-to-book ratio and a high PEG ratio, suggests that the stock may be facing challenges in attracting investors despite its recent positive trading activity.