Why is Honeywell Auto falling/rising?

As of 13-Aug, Honeywell Automation India Ltd is experiencing a price increase, with its current price at Rs 36,777.95, reflecting a rise of Rs 1,391.95 or 3.93%. Today's performance indicates a trend reversal, as the stock has gained after seven consecutive days of decline. It outperformed its sector by 2.55% and reached an intraday high of Rs 36,988.1. However, the stock has shown a negative return of -8.57% over the past month and -12.14% year-to-date, indicating a longer-term struggle despite today's positive movement. The company has a low debt-to-equity ratio and is a significant player in its sector, but it has faced challenges with poor long-term growth, as evidenced by a decline in operating profit and a negative return over the past year.
In the broader market context, Honeywell Automation's recent performance contrasts with the BSE Sensex, which has remained relatively flat with a -0.01% change over the past week. The stock's recent rise may be attributed to increased investor participation, as evidenced by a 38.03% rise in delivery volume compared to the five-day average. Despite today's gains, the stock has consistently underperformed against the benchmark over the last three years, generating a return of -28.47% in the past year while the Sensex has increased by 2.01%. This underperformance highlights the ongoing challenges the company faces, despite today's positive price movement.