Why is Panasonic Carbon falling/rising?

As of 11-Aug, Panasonic Carbon India Company Ltd. is experiencing a price increase, currently at 478.00, which reflects a change of 2.0 (0.42%) upward. Today's price summary indicates that the stock has outperformed its sector by 0.59% and has gained after six consecutive days of decline. However, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent rise in investor participation, with delivery volume increasing by 104.18% against the 5-day average, the company has shown poor long-term growth, with net sales growing at an annual rate of only 3.71% over the last five years. Additionally, the stock has underperformed against benchmarks, generating a return of -5.91% over the past year, which indicates a challenging financial environment.
In the broader market context, while Panasonic Carbon has outperformed its sector today, it has consistently underperformed against the benchmark, with a -3.28% return over the past week compared to a -0.51% decline in the Sensex. This trend of underperformance is evident over multiple time frames, including a -7.61% return over the past month and a -13.12% year-to-date decline, contrasting sharply with the Sensex's positive return of 3.15% in the same period. The company's low debt-to-equity ratio and majority ownership by promoters may provide some stability, but the overall financial performance and valuation metrics suggest that the stock faces significant challenges moving forward.