Why is Sh. Dinesh Mills falling/rising?

As of 24-Jul, Shri Dinesh Mills Ltd is currently priced at 297.95, reflecting a slight increase of 0.15 (0.05%). The stock has shown a performance today that is in line with its sector, and it is trading higher than its 5-day moving averages, although it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 192.47% compared to the 5-day average. Despite a year-to-date decline of 25.33% and a one-year return of -45.17%, the stock's high dividend yield of 10.07% and its attractive valuation, indicated by a low Price to Book Value of 0.9, may be contributing to its recent price stability.
In the broader market context, the stock has outperformed the benchmark Sensex over the past week, gaining 1.97% while the Sensex has declined by 0.09%. However, the stock has consistently underperformed against the benchmark over the longer term, with a significant decline of 56.05% over the past three years compared to a 46.57% gain in the Sensex. This underperformance, coupled with a flat growth in net sales and a substantial drop in profit after tax, suggests that while there may be short-term positive movements, the long-term outlook remains challenging for Shri Dinesh Mills Ltd.