Why is Premier Polyfilm falling/rising?

As of 16-Sep, Premier Polyfilm Ltd is experiencing a price increase, currently at 47.72, reflecting a change of 0.77 or 1.64% upward. Despite this positive movement today, the stock has underperformed in the short term, with a 1-week return of -1.61% and a 1-month return of -0.60%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend over these periods. However, there has been a notable increase in investor participation, with delivery volume rising by 399.64% compared to the 5-day average. The company maintains a low debt-to-equity ratio of 0.02 and an attractive return on equity (ROE) of 22.2, which suggests a solid financial position despite a year-to-date return of -35.67%.
In the broader market context, while Premier Polyfilm's recent performance has been weak, the benchmark Sensex has shown a positive return of +1.58% over the past week. This indicates that the stock is lagging behind the market, which may contribute to investor caution. The company's flat results in June and the lowest debtors turnover ratio at 7.53 times could be factors weighing on investor sentiment. Despite the stock trading at a fair value compared to its peers and showing a profit increase of 20.4% over the past year, the overall negative returns and underperformance relative to the benchmark suggest that investors may remain skeptical about its near-term prospects.