Why is Nicco Parks falling/rising?

As of 23-Jul, Nicco Parks & Resorts Ltd's stock price is currently at Rs 111.00, reflecting an increase of Rs 2.0 or 1.83%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It outperformed its sector by 2.54% and reached an intraday high of Rs 111.95, although it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this positive movement today, the stock has underperformed significantly over the past year, with a return of -23.40%, while its profits have also declined by -11.2%. The company has a low debt-to-equity ratio, but its long-term growth prospects appear poor, as evidenced by a modest net sales growth rate of 6.58% over the last five years and negative financial results reported in March.
In the broader market context, while the Sensex has shown a slight gain of 0.11% over the past week, Nicco Parks has experienced a decline of 1.11% in the same period. This underperformance is further highlighted by the stock's year-to-date return of -16.76%, contrasting sharply with the Sensex's gain of 5.87%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's valuation and business prospects, potentially contributing to the stock's volatility and recent price movements.