Why is Panasonic Energy falling/rising?

As of 18-Aug, Panasonic Energy India Company Ltd is experiencing a price increase, currently at Rs 335.80, reflecting a change of 6.05 or 1.83% upward. Despite this positive movement today, the stock has shown a significant decline over the past month, with a return of -14.99%, and a staggering -36.75% over the last year. The stock is currently trading close to its 52-week low, just 3.17% away from Rs 325.15. While it has outperformed its sector by 1.23% today and saw a rise in delivery volume, it is still trading below its moving averages across various time frames. The company's low debt-to-equity ratio and attractive valuation metrics, such as a 2.3 Price to Book Value, suggest some underlying strength, but the recent negative financial results, including a low operating profit margin and a significant drop in profits, have contributed to its overall poor performance.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark Sensex, which has gained 0.83% over the past week. This underperformance is evident as Panasonic Energy has not only lagged behind the Sensex in the short term but has also shown negative returns over the past year and three years compared to the broader market. The company's recent financial struggles, including a significant decline in profits and cash reserves, further exacerbate its challenges, leading to a cautious outlook among investors despite today's price increase.