Why is Life Insurance falling/rising?

As of 28-Jul, Life Insurance Corporation of India has seen its stock price rise to 890.50, reflecting an increase of 3.95 or 0.45%. Today's price summary indicates that the stock has outperformed its sector by 1.82% and has experienced a trend reversal after two consecutive days of decline. The stock is currently trading above its 100-day and 200-day moving averages, although it remains below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 183.78% compared to the 5-day average. Despite a year-to-date return of -0.15% and a one-year decline of -24.56%, the company has reported positive financial results, including the highest net sales and operating profit margins, which may contribute to the stock's recent upward movement.
In the broader market context, the stock's short-term performance over the past week shows a decline of -4.07%, which is significantly worse than the benchmark Sensex's decline of -1.59%. This indicates that while the stock is currently experiencing a slight rise, it has underperformed in the short term compared to the overall market. The company's low debt-to-equity ratio and strong return on equity of 38 suggest a fair valuation, which may provide some support for the stock amidst its recent volatility. However, the stock's long-term performance remains concerning, with a one-year return significantly lower than the benchmark, highlighting the challenges it faces in regaining investor confidence.