Why is Nuvoco Vistas falling/rising?

As of 08-Jul, Nuvoco Vistas Corporation Ltd is experiencing a price increase, currently at 360.00, reflecting a rise of 3.0 (0.84%). The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement. However, there has been a decline in investor participation, with delivery volume falling by 13.54% compared to the 5-day average. In terms of returns, the stock has shown a modest increase of 0.80% over the past week, but it has underperformed over the past month and year, with declines of 0.96% and 0.68%, respectively. Despite these challenges, the company has reported positive financial results after three consecutive negative quarters, with significant growth in profit before tax and a strong operating profit to interest ratio, which may contribute to the stock's recent upward movement.
In the broader market context, Nuvoco Vistas' short-term performance of +0.80% over the past week contrasts with the Sensex, which has only increased by 0.02% in the same period. While the stock has generated a negative return over the past year, it is trading at a discount compared to its peers, which may attract institutional investors, as evidenced by a high institutional holding of 22.92%. This suggests that while the stock has faced challenges, the recent positive financial results and attractive valuation could be influencing its current price rise, despite the overall underperformance in longer-term returns compared to the benchmark.