Why is Paramount Cosmet falling/rising?

As of 24-Jun, Paramount Cosmetics (India) Ltd is currently priced at 37.81, reflecting an increase of 0.5 or 1.34%. The stock has shown a trend reversal by gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, the stock's delivery volume has decreased significantly, falling by 51.83% against the 5-day average, suggesting reduced investor participation. Over the past year, the stock has underperformed, with a return of -10.61% compared to the Sensex's +6.10%, and a year-to-date decline of -21.72% against the benchmark's +5.01%.
In the broader market context, while the Sensex has shown a positive return of +0.58% over the past week, Paramount Cosmetics has declined by -3.30%, indicating a significant underperformance relative to the market. The stock's recent price increase may be a temporary bounce after a period of decline, but the overall trend remains negative due to lower investor engagement and poor performance compared to the benchmark. The lack of available positive or negative factors further complicates the outlook, leaving the stock's future movement uncertain amidst a challenging market environment.