Why is NRB Bearings falling/rising?

As of 10-Jul, NRB Bearings Ltd is currently priced at 284.50, reflecting an increase of 2.85, or 1.01%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite a recent drop of 4.08% over the past week, it has performed positively over the last month with a return of 5.37%. The stock is currently trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average. Additionally, the company has a low Debt to EBITDA ratio of 1.06 times, indicating a strong ability to service its debt, and its profits have risen by 41.7% over the past year, contributing to a PEG ratio of 0.5, which suggests fair valuation compared to its peers.
In the broader market context, NRB Bearings has outperformed the sector by 1.19% today, while the benchmark Sensex has only decreased by 0.06% over the past week. The stock's year-to-date return of 1.08% is notably lower than the Sensex's 6.46%, indicating that while it has faced challenges, it is beginning to recover. However, there has been a decline in investor participation, with delivery volume falling by 31.28% against the 5-day average, which may impact future price movements. Overall, while the stock has shown some positive signs, the recent drop in trading volume and its underperformance over the past year compared to the benchmark suggest caution among investors.