Why is Mayur Uniquoters falling/rising?

As of 18-Sep, Mayur Uniquoters Ltd is experiencing a price increase, currently at 523.00, reflecting a rise of 6.5 or 1.26%. The stock has outperformed its sector today by 1.27% and has shown consecutive gains over the last two days, accumulating a total return of 1.35%. Despite this short-term positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 14.07% and a one-year return of -15.70%. The company benefits from a low debt-to-equity ratio and a fair valuation, with profits rising by 18% over the past year, contributing to a PEG ratio of 0.8. Additionally, institutional investor participation has increased, indicating growing confidence in the company's fundamentals.
In the broader market context, the stock's short-term performance of +0.95% over the past week is notably lower than the benchmark Sensex, which has gained 1.80% in the same period. This trend of underperformance is consistent with the stock's longer-term results, where it has lagged behind the benchmark over the last three years. While the stock's liquidity appears adequate for trading, the overall sentiment remains cautious due to its historical underperformance and flat results in recent quarters, suggesting that investors may be weighing the potential for growth against the backdrop of a challenging market environment.