Why is Nila Infrastruct falling/rising?

As of 19-Sep, Nila Infrastructures Ltd is currently priced at 10.49, reflecting a slight increase of 0.01 (0.1%). The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, there has been a notable rise in investor participation, with a delivery volume of 4.62 lacs on 18 Sep, which is up by 12.72% compared to the 5-day average. The company has reported very positive results, including a 124.16% growth in net sales and consistent positive results over the last 10 quarters. However, the stock has underperformed significantly over the past year, with a return of -20.77%, despite a 38.8% increase in profits, leading to a PEG ratio of 0.5, suggesting it is undervalued compared to its peers.
In the broader market context, Nila Infrastructures has seen a decline of -6.34% over the past month, while the Sensex has gained 1.20%, indicating that the stock is underperforming relative to the market. Over the last year, the stock's performance has been particularly poor, generating -20.77% returns compared to the Sensex's slight decline of -0.67%. This underperformance is compounded by weak long-term fundamental strength, with an average ROCE of only 5.00% and poor growth rates in net sales and operating profit over the last five years. Overall, while there are some positive indicators, the stock's recent movement is primarily influenced by its long-term underperformance and current trading below key moving averages.