Why is Sona BLW Precis. falling/rising?

As of 14-Jul, Sona BLW Precision Forgings Ltd is experiencing a price increase, currently at Rs 452.90, reflecting a rise of Rs 5.75 or 1.29%. Today, the stock has shown a trend reversal by gaining after six consecutive days of decline, opening with a significant gap up of 3.99% and reaching an intraday high of Rs 465. Despite this positive movement, the stock has underperformed over the past week and month, with returns of -3.25% and -9.96%, respectively. The company benefits from high management efficiency, a low debt-to-equity ratio, and substantial institutional holdings at 64.34%, which may support investor confidence. However, it faces challenges with poor long-term growth, as indicated by a low operating profit growth rate and a high price-to-book value ratio, which suggests it may be overvalued compared to its peers.
In the broader market context, Sona BLW's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 1.42% over the past week and a gain of 1.40% over the past month. This indicates that while Sona BLW is currently rising, it has consistently underperformed against the benchmark over the longer term, with a year-to-date decline of 24.01% compared to the Sensex's increase of 5.27%. The stock's liquidity remains adequate for trading, but its historical underperformance raises concerns about its ability to sustain this upward movement in the face of broader market trends.