Why is Panasonic Energy falling/rising?

As of 04-Aug, Panasonic Energy India Company Ltd is experiencing a slight increase in its stock price, currently at 370.00, reflecting a change of 1.5 (0.41%) upward. Despite this recent gain, the stock has underperformed its sector by 1.4% today and has been trading below its moving averages across various time frames. Over the past week, the stock has seen a minor decline of 0.27%, and its performance over the last month shows a significant drop of 5.78%. Additionally, the stock has generated a return of -30.60% over the past year, indicating a challenging performance despite a healthy long-term growth rate in operating profit. The company maintains a low debt-to-equity ratio and a favorable valuation, but recent negative financial results, including a substantial decline in profit before tax and profit after tax, have raised concerns among investors.
In the broader market context, the Sensex has shown a positive return of 0.16% over the past week, contrasting with Panasonic Energy's short-term decline. While the stock has gained over the last three days, the overall trend remains negative, with significant underperformance compared to the benchmark indices over various periods, including a 19.27% drop year-to-date. The stock's liquidity appears sufficient for trading, but a notable decrease in delivery volume suggests waning investor interest. This combination of factors, including recent negative financial results and underperformance relative to the market, contributes to a cautious outlook for Panasonic Energy despite its recent price increase.