Why is Panasonic Carbon falling/rising?

As of 19-Aug, Panasonic Carbon India Company Ltd. is currently priced at 499.90, reflecting an increase of 1.0 or 0.2%. The stock has shown a trend reversal by gaining after two consecutive days of decline. However, it has underperformed its sector by 1.17% today, and its delivery volume has significantly decreased by 69.06% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has risen by 3.06%, but it has experienced a decline of 5.86% over the past month and a substantial drop of 15.26% over the past year. The company has a low debt-to-equity ratio, which is a positive factor, but it also faces challenges such as poor long-term growth, with net sales and operating profit growing at rates of only 5.58% and 4.48%, respectively, over the last five years.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 1.76% over the past week. While Panasonic Carbon has gained in the short term, its long-term performance remains concerning, with a year-to-date decline of 9.14% compared to the Sensex's rise of 4.49%. The stock's valuation appears expensive with a price-to-book ratio of 1.4, and despite a modest increase in profits of 5.9% over the past year, the stock has generated negative returns, indicating a lack of investor confidence. Overall, the combination of short-term gains amidst long-term underperformance and declining investor interest suggests a challenging outlook for Panasonic Carbon.