Why is Panasonic Carbon falling/rising?

As of 09-Jul, Panasonic Carbon India Company Ltd. is experiencing a slight increase in its stock price, currently at 519.90, reflecting a change of 0.95 or 0.18% upward. The stock has shown a trend reversal, gaining after five consecutive days of decline. Despite this recent uptick, the stock's performance over the past week is down by 1.16%, and it has seen a significant drop of 9.73% over the past month. The company has a low Debt to Equity ratio, which is generally favorable, but its long-term growth prospects are concerning, with net sales and operating profit growing at only 3.71% and 2.72% annually over the last five years, respectively. Additionally, the stock's valuation appears expensive with a Price to Book Value of 1.5, despite generating a modest return of 1.87% over the past year.
In the broader market context, the Sensex has shown a positive return of 0.15% over the past week and 1.32% over the past month, contrasting with Panasonic Carbon's negative short-term performance. This indicates that while the stock is currently rising, it is underperforming relative to the benchmark index. The rising investor participation, evidenced by an 8.46% increase in delivery volume, suggests some renewed interest in the stock, although liquidity remains adequate for trading. Overall, the stock's recent movement reflects a complex interplay of minor positive developments against a backdrop of longer-term challenges.