Why is Everest Kanto falling/rising?

As of 14-Jul, Everest Kanto Cylinder Ltd's stock price is currently at 136.70, reflecting an increase of 0.8, or 0.59%. The stock has shown a trend reversal by gaining after three consecutive days of decline and has outperformed its sector by 0.78% today. However, the stock's performance over the past week has been negative at -3.05%, while it has fared better over the past month with a return of +3.56%. Despite a year-to-date decline of -26.13%, the company has a low debt-to-equity ratio and a fair valuation indicated by its Price to Book Value of 1.3. The stock's recent gains may be tempered by a decline in investor participation, as evidenced by a significant drop in delivery volume.
Broader market context shows that while Everest Kanto has outperformed its sector today, it has consistently underperformed against the benchmark, with a -5.33% return over the past year compared to the Sensex's +2.15%. The stock's long-term performance is concerning, with a -21.66% return over the past three years, indicating a trend of underperformance relative to broader market indices. Additionally, the decrease in institutional investor participation, which has fallen by -0.63% in the last quarter, suggests a lack of confidence in the stock's fundamentals, further complicating its market position.