Why is Uniparts India falling/rising?

As of 01-Sep, Uniparts India Ltd's stock price is currently at 399.50, reflecting an increase of 3.25, or 0.82%. The stock has been gaining for the last three days, with a total return of 1.9% during this period. However, it underperformed its sector by 1.91% today. Despite a recent decline of 2.19% over the past week, the stock has shown a positive return of 14.63% over the past month. The company has recently declared positive quarterly results, marking a significant turnaround after nine consecutive negative quarters, with a notable growth in profit after tax and net sales. Additionally, the stock's high dividend yield of 3.96% and a low debt-to-equity ratio contribute to its attractive valuation, despite a year-to-date decline of 2.90%.
In the broader market context, the Sensex has declined by 1.56% over the past week, indicating that Uniparts India’s short-term performance is relatively better than the benchmark. While the stock has underperformed its sector today, its recent gains and positive financial results suggest a potential recovery phase. The rising investor participation, evidenced by a significant increase in delivery volume, also indicates growing interest in the stock, which could support its upward momentum in the near term.