Why is Star Delta Trans falling/rising?

As of 23-Sep, Star Delta Transformers Ltd is experiencing a slight increase in its stock price, currently at 601.00, with a change of 1.65 (0.28%) upward. Today's price summary indicates that the stock has outperformed its sector by 1.03% and has gained after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. Despite a year-to-date return of -34.38%, the company has shown healthy long-term growth with net sales increasing at an annual rate of 31.81% and operating profit at 49.52%. The stock's attractive valuation, with a price-to-book value of 2.1, and a low debt-to-equity ratio may also contribute positively to its recent price movement.
In the broader market context, the stock has underperformed the benchmark, with a one-year return of -22.44% compared to the Sensex's -3.33%. Despite this, the stock's performance over the past month has been more favorable, with a return of +3.98% against the Sensex's +0.98%. The rising investor participation, indicated by a significant increase in delivery volume, suggests a potential shift in market sentiment. However, the company faces challenges such as poor management efficiency, reflected in a low return on equity of 9.32%, and flat results in recent quarters, which may hinder its recovery in the short term.