Why is NELCO falling/rising?

As of 22-Aug, NELCO Ltd's stock price is currently at 842.50, reflecting an increase of 5.5, or 0.66%. Today's performance indicates a trend reversal, as the stock has gained after five consecutive days of decline. However, it is important to note that NELCO is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend overall. The stock has underperformed in the short term, with a 1-week return of -1.22% compared to the Sensex's gain of +0.88%. Additionally, the stock has shown poor long-term growth, with a significant decline in operating profit and net profit over the past few quarters, leading to a negative sentiment among investors.
In the broader market context, while the Sensex has shown a positive return of +0.88% over the past week, NELCO's performance has been notably weak, with a year-to-date decline of -33.40% compared to the Sensex's gain of +4.05%. The lack of investor participation, indicated by a 22.28% drop in delivery volume, further exacerbates the stock's challenges. Moreover, the absence of domestic mutual fund investment suggests a lack of confidence in the company's prospects, which is reflected in its poor performance metrics and high valuation concerns. Overall, despite a slight uptick in price today, the underlying fundamentals and market sentiment indicate ongoing challenges for NELCO Ltd.