Why is Mayur Uniquoters falling/rising?

As of 24-Sep, Mayur Uniquoters Ltd is experiencing a slight increase in its stock price, currently at 522.25, reflecting a change of 0.35 or 0.07% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, the stock's performance over the past month has been negative, with a decline of 3.82%, and a year-to-date drop of 14.19%. The stock is currently trading at a discount compared to its peers, with a low Debt to Equity ratio and a PEG ratio of 0.8, indicating fair valuation. However, the delivery volume has decreased significantly, suggesting falling investor participation, which could be a concern for future price movements.
In the broader market context, Mayur Uniquoters has underperformed against the benchmark, with a 1-week return of +1.11% compared to the Sensex's -1.18%. This indicates that while the stock is rising slightly in the short term, it has struggled to keep pace with the overall market trends. Institutional investors have increased their stake, which may provide some support, but the company has shown consistent underperformance over the last three years, generating -12.89% returns in the past year. This combination of factors suggests that while there may be some short-term positive movements, the long-term outlook remains cautious due to historical underperformance and declining investor engagement.