Why is MOIL falling/rising?

As of 20-Aug, MOIL Ltd. is experiencing a price increase, currently at 335.60, reflecting a rise of 5.0 or 1.51%. The stock has shown a positive trend recently, gaining for the last three days with a total return of 4.47% during this period. Although the stock is currently outperforming its sector by 1.44%, it has a mixed performance in the longer term, with a decline of 12.22% over the past month and 17.33% over the past year. The company has a low debt-to-equity ratio and has seen a 1.88% increase in institutional investor participation, indicating a growing confidence among these investors despite the stock's overall poor long-term growth and recent negative financial results.
In the broader market context, while the Sensex has risen by 1.64% over the past week, MOIL's short-term return of 0.69% indicates it has underperformed the benchmark during this timeframe. This underperformance is particularly notable given that the stock has generated a significantly negative return of 17.33% over the past year, compared to the market's decline of only 1.20%. Despite the recent uptick in price, the stock's long-term challenges, including declining net sales and profitability, suggest that investor sentiment may still be cautious.