Why is Pee Cee Cosma falling/rising?

As of 01-Aug, Pee Cee Cosma Sope Ltd's stock price is currently at 457.70, reflecting an increase of 4.45 or 0.98%. Today's price summary indicates that the stock has outperformed its sector by 0.28% and has experienced a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 17.85% compared to the 5-day average. Despite these challenges, the company demonstrates high management efficiency with a return on equity (ROE) of 15.66% and a low debt to EBITDA ratio of 1.39 times, indicating strong financial health.
In the broader market context, the stock has shown a slight decline of 0.27% over the past week, while the benchmark Sensex has decreased by 1.06%, indicating relative strength. Year-to-date, Pee Cee Cosma has underperformed significantly with a decline of 22.79%, contrasting sharply with the Sensex's gain of 3.15%. Despite generating a positive return of 4.70% over the past year, the company's profits have decreased by 8.1%, which may contribute to investor caution. The stock is currently trading at a discount compared to its peers, which could attract value investors, but the negative results reported in March, including a substantial drop in profit before tax, may weigh on investor sentiment.