Why is Acknit Indus. falling/rising?

As of 18-Sep, Acknit Industries Ltd is experiencing a price increase, currently at 295.00, which reflects a rise of 3.9 or 1.34%. The stock opened with a gain of 4.43% today and reached an intraday high of Rs 304, indicating positive momentum. However, it also touched a low of Rs 285.2 during the day, suggesting some volatility. The stock has outperformed its sector by 1.14% today, but there has been a notable decline in investor participation, with delivery volume dropping by 79.05% against the 5-day average. Over the past year, the stock has seen a significant decline of 15.73%, contrasting with a year-to-date performance of -3.28%, while it has shown strong growth over the longer term, with a 3-year return of 81.93% and a 5-year return of 309.72%.
In the broader market context, the stock's short-term performance over the past week shows a return of +1.32%, which is below the benchmark Sensex's return of +1.80%. This indicates that while the stock is rising today, its recent performance has lagged behind the overall market. The stock's current liquidity is adequate for trading, but the erratic trading pattern, with one day of no trading in the last 20 days, raises concerns about stability. Overall, despite today's positive movement, the declining investor participation and recent underperformance compared to the benchmark may suggest caution among investors.