Why is Panasonic Carbon falling/rising?

As of 25-Jun, Panasonic Carbon India Company Ltd. has seen its stock price rise to 537.50, reflecting an increase of 4.95 or 0.93%. This uptick comes after a trend reversal, as the stock gained after four consecutive days of decline. However, the stock's performance over the past week shows a significant drop of 7.40%, while it has increased by 4.39% over the past month. Despite this recent gain, the stock has underperformed in the longer term, with a year-to-date decline of 2.31% and a one-year return of -4.63%. The company maintains a low debt-to-equity ratio, which is a positive factor, but it faces challenges with poor long-term growth, as evidenced by low net sales growth and operating profit over the last five years.
In the broader market context, the Sensex has shown a positive return of 1.61% over the past week and 5.91% year-to-date, indicating that the stock's recent rise is not aligned with the overall market trend. The stock's liquidity remains adequate for trading, but there has been a notable decline in investor participation, with delivery volume falling by 82.02% against the five-day average. This suggests that while the stock has experienced a short-term rebound, the overall sentiment may still be cautious due to its flat quarterly results and high valuation metrics compared to its peers.