Why is Orient Electric falling/rising?

As of 18-Aug, Orient Electric Ltd. is experiencing a price increase, currently at Rs 211.85, reflecting a rise of 6.35 or 3.09%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline. It reached an intraday high of Rs 213.6, although it underperformed its sector by 0.95%. Over the past week, the stock has shown a positive return of 4.67%, but it has struggled over the longer term, with a decline of 6.28% over the past month and a significant drop of 21.57% over the past year. Positive factors contributing to the stock's recent movement include high management efficiency, a low debt-to-equity ratio, and rising investor participation, as evidenced by a 20.47% increase in delivery volume. However, the company has faced challenges, including poor long-term growth and consistent underperformance against benchmarks.
In the broader market context, while Orient Electric's short-term performance has been positive, it still lags behind the benchmark Sensex, which has gained 0.83% over the past week. The consumer durables sector, to which Orient belongs, has seen an overall increase of 4.01%, indicating a favorable market environment. Despite this, Orient Electric's year-to-date performance remains negative at -8.71%, contrasting sharply with the Sensex's positive return of 4.01%. This underperformance highlights the challenges the company faces in maintaining investor confidence, despite some positive indicators such as high institutional holdings and a fair valuation compared to peers.