Why is National Standar falling/rising?

As of 10-Jul, National Standard (India) Ltd is experiencing a slight increase in its stock price, currently at Rs 2,542.00, reflecting a change of 1.75 (0.07%) upwards. Despite this minor gain, the stock has shown a significant decline over the past month, down 13.02%, and a staggering 41.83% year-to-date. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline, opening with a 3.05% increase and reaching an intraday high of Rs 2,617.85. However, it remains close to its 52-week low and has underperformed its sector by 0.95%. The stock is also trading below all its moving averages, indicating a bearish trend, and has seen a decline in investor participation, with delivery volume falling by 16.54% against the five-day average.
In the broader market context, National Standard has consistently underperformed against the benchmark, with a return of -46.15% over the past year compared to the Sensex's 4.09% gain. This underperformance is compounded by poor management efficiency, as evidenced by a low Return on Equity (ROE) of 6.09% and a significant reliance on non-operating income, which constitutes 102.45% of Profit Before Tax. The company's valuation appears expensive with a Price to Book Value of 19.1, and domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its prospects. Overall, while there is a minor uptick in price today, the underlying fundamentals and market sentiment indicate ongoing challenges for National Standard.