Why is Rexnord Electr. falling/rising?

As of 24-Sep, Rexnord Electronics & Controls Ltd is currently priced at 89.90, reflecting a slight increase of 0.2 (0.22%). The stock has shown a trend reversal, gaining after three consecutive days of decline, and has outperformed its sector by 0.74% today. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has generated a return of -28.93%, with profits declining by -27.3%. The company maintains a low debt-to-equity ratio of 0.04, but its return on capital employed (ROCE) is relatively low at 7.5, suggesting fair valuation yet underperformance compared to peers.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark, with a 1-week return of -0.11% compared to the Sensex's -1.18%. However, the stock has underperformed significantly over longer periods, with a year-to-date return of -12.63% versus the Sensex's +4.58%. This underperformance, coupled with falling investor participation—evidenced by a 36.84% drop in delivery volume—highlights a lack of confidence among investors. Overall, while there is a minor uptick in price, the long-term outlook remains concerning due to flat results and declining profitability.