Why is United Drilling falling/rising?

As of 17-Sep, United Drilling Tools Ltd is experiencing a slight increase in its stock price, currently at 202.00, with a change of 0.05 (0.02%) upward. The stock has shown a performance inline with its sector, gaining for the last two days with a total return of 0.47% during this period. However, it is important to note that the stock has underperformed in the longer term, with a year-to-date decline of 23.60% and a significant drop of 44.92% over the past three years. The company has a low debt-to-equity ratio of 0.08, and despite a fair valuation indicated by a ROCE of 7.1, the stock is trading at a discount compared to its peers. The recent increase in stock price may be influenced by the company's profits rising by 11.8% over the past year, despite a negative return of -21.71%.
In the broader market context, the stock's short-term performance of +0.80% over the past week is notably lower than the benchmark Sensex, which has increased by 1.56% during the same period. This underperformance is consistent with the stock's trend over the last year and three years, where it has consistently lagged behind the benchmark. Additionally, the falling investor participation, with a significant drop in delivery volume, suggests a lack of confidence among investors, which may hinder any sustained upward movement in the stock price. Overall, while there are some positive indicators, the long-term growth challenges and recent performance relative to the market may continue to weigh on investor sentiment.