Why is RDB Rasayans falling/rising?

As of 09-Sep, RDB Rasayans Ltd's stock price is currently at 163.15, reflecting a slight increase of 0.15 (0.09%). The stock has shown a positive performance today, outperforming its sector by 0.39% and has gained over the last two days, accumulating a total return of 0.4%. However, it is important to note that the stock's delivery volume has decreased significantly by 40.31% compared to the 5-day average, indicating falling investor participation. In terms of returns, the stock has experienced a decline of 1.33% over the past month and a 3.80% drop over the past year, despite a year-to-date increase of 2.93%. The company's low debt-to-equity ratio and a fair valuation with a PEG ratio of 0.9 suggest a stable financial position, which may support the stock's recent upward movement.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.18% over the past week, RDB Rasayans' performance of +0.09% indicates that it has underperformed in the short term. However, over a three-year period, the stock has significantly outperformed the benchmark with a return of +50.86% compared to the Sensex's +35.64%. This longer-term performance may reflect investor confidence in the company's fundamentals, despite the recent volatility and lower participation in trading. Overall, while the stock has shown some resilience, the recent decline in trading volume and short-term underperformance against the benchmark may be contributing factors to its cautious outlook.