Why is Alankit falling/rising?

As of 27-Oct, Alankit Ltd's stock price is currently at 12.53, reflecting an increase of 0.48 or 3.98%. The stock has shown a positive performance today, outperforming its sector by 3.7%. However, despite this recent uptick, the stock has experienced a decline of 4.28% over the past month and a significant drop of 42.73% year-to-date. The stock is trading higher than its 5-day and 20-day moving averages but remains below its longer-term moving averages, indicating mixed momentum. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 49.06% against the 5-day average, which may suggest waning interest among investors. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Alankit's recent performance contrasts sharply with the benchmark Sensex, which has gained 5.41% over the past month and 8.50% year-to-date. While Alankit has outperformed the sector today, its overall returns over longer periods, such as the year and year-to-date, are significantly negative compared to the benchmark's positive performance. This disparity highlights the challenges Alankit faces in regaining investor confidence and aligning its performance with broader market trends.