Why is Finolex Cables falling/rising?

As of 29-Jul, Finolex Cables Ltd. is experiencing a price increase, currently at 905.20, reflecting a rise of 12.2 or 1.37%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline, outperforming its sector by 1.31%. Despite this positive movement, the stock has underperformed in the short term, with a 1-week return of -1.74% and a 1-month return of -5.73%. The stock is trading below all key moving averages, and there has been a significant drop in investor participation, with delivery volume falling by 52.02% against the 5-day average. The company maintains a low debt-to-equity ratio and has shown a fair valuation relative to peers, but it has also faced challenges, including a substantial decline of 42.93% over the past year.
In the broader market context, the Sensex has experienced a smaller decline of 1.03% over the past week and a 3.24% drop over the past month, indicating that while Finolex Cables is rising today, it has lagged behind the benchmark in recent performance. The stock's long-term growth prospects appear poor, with operating profit growth averaging only 7.5% over the last five years, and it has significantly underperformed the market over the past year. Although institutional holdings are high at 26.23%, suggesting some confidence from larger investors, the overall negative sentiment surrounding the stock's long-term growth potential continues to weigh on its performance.