Why is Multibase India falling/rising?

As of 17-Sep, Multibase India Ltd's stock price is currently at 247.75, reflecting an increase of 1.2 (0.49%). The stock has shown a trend reversal by gaining after four consecutive days of decline, and it has outperformed its sector by 0.66% today. However, despite a positive movement today, the stock has underperformed in the longer term, with a year-to-date return of -26.82% and a one-year return of -13.34%. The company's financial performance has also been concerning, with a significant decline in profit before tax, profit after tax, and net sales compared to previous quarters. Additionally, while the stock has a high dividend yield of 21.5%, it is trading at a high price-to-book value, indicating an expensive valuation relative to its earnings.
In the broader market context, the stock's short-term performance has been less favorable compared to the Sensex, which has gained 1.56% over the past week while Multibase India has declined by 0.50%. The stock's liquidity appears adequate for trading, but falling investor participation, as indicated by a 66.61% drop in delivery volume, raises concerns about market interest. Overall, while there are some positive factors such as a high dividend yield, the stock's overall performance and financial metrics suggest a challenging environment, contributing to its recent price movements.