Why is Aksh Optifibre falling/rising?

As of 11-Sep, Aksh Optifibre Ltd's stock price is currently at 7.81, reflecting an increase of 0.06 or 0.77%. The stock has shown a trend reversal by gaining after two consecutive days of decline. Despite this positive movement today, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term bearish trend. Additionally, there has been a rise in investor participation, with delivery volume increasing by 2.64% against the 5-day average, suggesting a growing interest in the stock. However, the stock has underperformed in the longer term, with a year-to-date decline of 31.85% compared to a 4.36% increase in the benchmark index.
In the broader market context, the stock's performance over the past week shows a slight increase of 0.13%, while the Sensex has risen by 1.03%, indicating that Aksh Optifibre is lagging behind the benchmark in the short term. Over the past month, the stock has decreased by 1.01%, contrasting with a 1.17% gain in the Sensex, further highlighting its underperformance. The lack of specific positive or negative factors in the dashboard limits the understanding of the underlying reasons for the stock's recent movements, but the current upward price change may reflect a temporary recovery amid a generally challenging environment.