Why is Aksh Optifibre falling/rising?

As of 19-Sep, Aksh Optifibre Ltd's stock price is currently at 8.03, reflecting a slight increase of 0.01 or 0.12%. The stock has shown a performance today that underperformed its sector by 0.26%. In terms of returns, the stock has gained 4.15% over the past week and 1.90% over the past month, although it has experienced a significant decline of 29.93% year-to-date. Additionally, the stock is currently trading above its 5-day and 20-day moving averages but below its longer-term moving averages (50-day, 100-day, and 200-day). There has been a notable increase in investor participation, with delivery volume rising by 7.32% against the 5-day average, indicating a growing interest in the stock despite the lack of specific positive or negative factors available.
Broader Market Context: The benchmark Sensex has increased by 0.88% over the past week and 1.20% over the past month, suggesting that while Aksh Optifibre has shown some short-term gains, it has underperformed relative to the broader market. Year-to-date, the stock's performance is significantly lagging behind the Sensex, which has gained 5.74%. This contrast highlights the challenges faced by Aksh Optifibre in maintaining investor confidence and aligning with market trends, despite some recent positive movements in its stock price.