Why is Kokuyo Camlin falling/rising?

As of 05-Sep, Kokuyo Camlin Ltd's stock price is currently at 118.50, reflecting an increase of 0.75 (0.64%). The stock has been on an upward trend, gaining for the last five days with a total return of 5.61% during this period. Despite this recent positive movement, the stock has underperformed its sector by 0.62%. It is noteworthy that while the stock has experienced a significant decline of 42.91% over the past year, it is trading at a discount compared to its peers' average historical valuations. The company's return on capital employed (ROCE) stands at 10.3, indicating an attractive valuation, although its profits have plummeted by 100.8% in the same timeframe.
In the broader market context, Kokuyo Camlin's short-term performance of +5.61% over the past week significantly outpaces the Sensex, which has only increased by 1.13%. This indicates that investor interest may be shifting towards Kokuyo Camlin, as evidenced by a substantial rise in delivery volume, which increased by 1018.66% compared to the five-day average. However, despite the recent gains, the stock's year-to-date performance remains negative at -8.14%, contrasting with the Sensex's positive return of +3.29%. This suggests that while there is some momentum building for Kokuyo Camlin, broader market conditions and the company's historical performance may still weigh on investor sentiment.