Why is Pix Transmission falling/rising?

As of 13-Aug, Pix Transmission Ltd's stock price is rising, currently at 1,355.00, reflecting an increase of 75.8 or 5.93%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline, outperforming its sector by 4.21%. The stock reached an intraday high of Rs 1,355, although it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a negative return of -11.21% over the past year, the company has seen a profit increase of 19.8%, and its low debt-to-equity ratio of 0.09 suggests financial stability. However, the stock's long-term growth prospects are concerning, with net sales growing at only 13.90% annually over the last five years, and domestic mutual funds holding no stake in the company, indicating a lack of confidence among institutional investors.
In the broader market context, Pix Transmission's short-term performance has been notably poor, with a -10.67% return over the past week, while the benchmark Sensex has remained relatively flat with a -0.01% change. Over the past month, the stock has also underperformed, with a -12.13% return compared to the Sensex's -2.38%. This underperformance in both short-term and long-term metrics highlights the challenges faced by the company, despite the recent uptick in stock price. The overall market sentiment appears cautious, particularly given the company's below-par long-term growth and the absence of domestic mutual fund investment, which may reflect broader concerns about its future performance.